Ayan Kumar Mazumder

Jitendriya Sarkar
Sayantan Bhadury
What’s Fintech?

• Ease, speed, and comfort led to the term ‘digital’. Everything traditional slowly became
everything digital in the (B2C) and the (B2B) space. From booking tickets for a vacation
to buying forex, everything shifted online.
• This revolution is called ‘fintech’, as we all describe it now, and fintech players equipped
with utmost dedication, passion, and disruption are the country’s new hope for
complete financial inclusion.
• FinTech or financial technology has emerged as a relatively new industry in India.
FinTech comprises companies that use technology to offer financial services operating
in insurance, asset management and payment, and numerous other industries.
Market size and growth

India has a presence of approx 400 companies in the fintech industry, with an investment of
about $420 million (in 2015) with an estimation to grow 1.7 times by 2020, making it worth
$8 billion.
The Indian fintech landscape is segmented as follows –
34% in payment processing,
32% in banking
12% in the trading, public and private markets. accelerators and incubators tapping
the startup ecosystem include PayPal’s Star Tank, Yes Bank’s collaboration with T-Hub,
among others. Visakhapatnam (Vizag) is being developed as fintech hub and the local
government of Andhra Pradesh, had opened Fintech Valley Tower to promote the
investments in this area
 Indian Fintech Forum

• The India FinTech Awards (IFTA) is a platform to celebrate and recognise the best innovations from
fintech companies.
• Fintech firms get a chance to showcase their disruptive products, combine it with a sales pitch and
engage a curated audience of investors, bankers, entrepreneurs, media and corporate leaders.
• India FinTech Forum will organize (IFTA) 2018, the most prestigious fintech demo event in India, on
30th November, 2018 in Mumbai.
• After 20 product demos by leading fintech firms from all across the globe, one startup will be selected
as the Fintech Startup of the Year at India FinTech Awards 2018.
GROWTH OF FINTECH
• Statistics:
• Forcasted that over $4.7 trillion of revenue at
traditional financial services companies is at
risk of disruption by FinTech companies
• FinTech firms attracted $19 billion in
investment by 2016
• FinTech has emerged due to:
• technology (social networks, big data)
• favorable regulatory environment
• demographics (rise of the millenials)
• mobile financial services provide cheap
banking solutions to the unbanked
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ADDITIONAL RISKS FROM FINTECH

 Businesses focused on the “Tech” and not the “Fin”

 may lack banking experience
 Cybercrime
 Data security/data protection
 Potential user anonymity/AML risk
 Volatility created by ease and speed of transfer of funds
 Increasing regulatory scrutiny

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EXAMPLES OF FINTECH
Virtual currencies
 Bitcoin etc. might constitute currencies if the trading in them is
regulated; also raises AML issues

On-line payment accounts

 accounts through which you can send money, make payments online,
and receive money
 may be regulated as non-bank payment institutions

Payment initiation services

 service used to initiate a payment to another party
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 Top 5 funded Fintech companies in India

I. Paytm is a payment processor built specifically for Indian mobile shoppers

II. Policybazaar is a portal that brings an unbiased comparison of financial services from all major insurance
companies
III. Pine labs is a provider a retail POS solutions that simplify payment acceptance, while creating business
opportunities for issuers, merchants, & brands to connect with consumers
IV. Phonepe is a mobile payment app that allows its users to transfer money
V. Lendingkart Technologies is a fintech startup in the working capital space that developed technology tools
based on big data analysis which facilitates lenders to evaluate borrower’s creditworthiness and provides
other related services.
THANK-YOU