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Financial technology (also called FinTech) is an industry composed of companies that use technology to offer financial services. These companies operate in insurance, asset management and payment, and numerous other industries. FinTech has emerged as a relatively new industry in India in the past few years.
The draft framework comes at a time when the fintech industry is growing at a break-neck speed due to surging demand for digital payments and borrowings. ... the Reserve Bank of India (RBI) said ...
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
India’s fintech market is ballooning thanks to several factors within the country, including favorable demographics, growing technology adoption among its citizenry, higher disposable incomes ...
ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3] The investments tracked and managed on the app is US$3 billion (₹ 22,500 crore) as of March 2022. [1]
The Reserve Bank of India (RBI) is working on regulations that will be more "developmental" for financial technology, or fintech, companies, a deputy governor of the central bank said on Friday.
Moneyview is an Indian fintech company, operated by Whizdm Innovations Pvt. Ltd., based in Bangalore. [1] Moneyview operates in digital lending and financial services. [2] Moneyview provides products like personal loans, a personal finance manager, credit score tracking, [3] and digital gold. [4]
Fintech Valley Vizag is an initiative of the Government of Andhra Pradesh to promote business infrastructure in the state, and attract investors and multinational corporations to set up offices. Fintech Valley was founded by N. Chandrababu Naidu then Chief Minister of the Andhra Pradesh state in December 2016 [ 1 ] with the goal of enhancing ...