Mumbai/London, February 28, 2020: India’s FinTech landscape is changing rapidly and the sector is attracting both domestic and international investors. It’s expected that by 2023, the digital payments market in India will reach around $1 trillion. Every year, new FinTech players are emerging and continuously challenging and disrupting the market by significantly increasing the consumer base. Taking cognizance of this burgeoning growth, IBS Intelligence, a global leader in banking technology and FinTech research, has come out with its latest India FinTech Report.
This report is an extensive study of India’s FinTech market and launched on the sidelines of the 2nd edition of The Economic Times BFSI Innovation Tribe Summit in Mumbai. The report is available at the web store here. IBS Intelligence was the Associate Partner of the ET BFSI Innovation Summit that witnessed participation from leading banks, traditional and new-age financial institutions, start-ups, venture capitalists, and regulators.
Commenting on the growth and opportunity in the FinTech space, Mr. Sanjiv Anand, Chairman of IBS Intelligence, said, “The report provides insights into the emerging sub-segments such as WealthTech and RegTech in addition to the Digital Lending and Payments space. The research will also help us understand India’s position in the disruptive FinTech segment that’s growing exponentially.”
Further talking about the partnership with ET BFSI Innovation Summit, IBS Intelligence’s Chief Marketing Officer, Amit Jain said “The opportunity to partner with the ET Edge event gave us a great platform to showcase our research reports and other services from our portfolio. BFSI industry professionals and leaders present at the event showed keen interest in what we offer and especially our new India FinTech report.”
At the event, V. Ramkumar, Senior Partner at Cedar Management Consulting and Amit Jain, Partner at IBS Intelligence were part of key panel discussions and shared their interesting insights on managing disruptive technologies and effective partnerships between FinTech players & Financial institutions.
About IBS Intelligence:
Established in 1991, UK-headquartered IBS Intelligence is the world’s most trusted source of Financial Technology News, Research & Advisory. IBSI’s Sales League Table is the global industry barometer, ranking leading banking technology suppliers. Its research reports, which comprehensively cover global suppliers across all Banking Technology & FinTech systems, are also distributed by Thomson Reuters, Bloomberg and S&P Capital IQ. IBSI’s Innovation Lab in Dubai brings banks and suppliers together with an opportunity to access the Middle East market and to test and experience global FinTech products within the region.
The group company, Cedar is a global management consulting firm with deep expertise in formulating and executing a business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation.
To know more, visit: https://ibsintelligence.com/
Chief Marketing Officer, IBS Intelligence