FINTECH SECTOR IN INDIA – FOCUS 3/2022

Focus

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India’s fintech industry has grown dramatically, and it now has one of the highest adoption rate in the world (87%), which is higher than the global average of 64%.

India is poised to become a powerful economic growth engine: it has one of the fastest-growing economies in the world, the third-largest start-up ecosystem, and tech services, digital, and manufacturing sectors on track to become global powerhouses. Fintech thrived during covid, while other sectors suffered.