Business Daily Media

The Times

.

India to Host World's Largest Virtual FinTech Fest on 28th-30th Sept

  • Written by: PR Newswire
India to Host World's Largest Virtual FinTech Fest on 28th-30th Sept

-  Over 25K delegates, from over 3,500 unique companies and over 115 countries, to attend the summit

-  About 300 global speakers from 35 nations to share their perspectives on various facets of fintech

India with over 800 million smartphone & internet users is the most evolved society for fintech adoption in the world today

NEW DELHI, Sept. 21, 2021 /PRNewswire/ -- Over 25,000 delegates, from over 115 countries, will participate at the world's largest virtual fintech summit -- Global FinTech Fest (GFF[1]) on 28th -30th September that will discuss how globally the economies are being re-shaped by fintech adoption.

India to Host World's Largest Virtual FinTech Fest on 28th-30th Sept India to Host World’s Largest Virtual FinTech Fest on 28th-30th Sept

India is gradually emerging as the world's top fintech hub, with the sector clocking the highest VC funding in the last one year in the APAC region. The current year has seen over 16 unicorns in India where 1 in 4 unicorns were from the fintech domain.

The event is presented by the Ministry of Electronics and Information Technology, Government of India, and organised by National Payments Council of India (NPCI[2]) and Fintech Convergence Council (FCC[3]) of Internet and Mobile Association of India (IAMAI[4]).

Shri Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, will address the valedictory session. Shri Rajeev Chandrasekhar, Minister of State in the Ministry of Skill Development and Entrepreneurship; and Electronics and Information Technology, Government of India; Tobias Adrian, Financial Counsellor and Director Monetary and Capital Markets Department, International Monetary Fund; Nikolay Storonsky, Founder & CEO, Revolut; Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore; Dr Oliver Prill, CEO, Tide; are some other key speakers at the summit.

India with over 800 million smartphone and internet users is the most evolved society for fintech adoption in the world today. Over 3,000 fintech start-ups are thriving in India. The growth is partly driven by the availability of Sandboxes by three major regulators in domains of insurance, capital markets and by the Central Bank.

The second edition of GFF will see the participation of about 300 speakers from 35 countries as compared to 150 speakers last year. The number of delegates is also on the rise at 25K from 3,500 unique companies as compared to 12K people last year. The 3-day virtual event will see over 150 hours of content, and over 130+ sessions, over 100 exhibitors and over 75 organisations, institutions have partnered for the event.

 

References

  1. ^ GFF (globalfintechfest.com)
  2. ^ NPCI (www.npci.org.in)
  3. ^ FCC (www.fintechcouncil.in)
  4. ^ IAMAI (www.iamai.in)

Read more https://www.prnasia.com/story/archive/3512336_AE12336_0

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...