Indian Payments Market Eyes Windfall as Domestic Fintechs Buoy Growth
Posted: Thu Aug 18, 2016 1:49 pm
The Indian fintech startup market is expected to create a windfall for new cashless payments regimes worldwide, given the advent of a bourgeoning demand and investment into payments infrastructure.
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The landscape itself in India has been a magnet for investment with startups such as Mobikwik, Paytm, Freecharge, Itzcash, Momoe and Suvidha looking to transform the existing cashless payments landscape in India’s market.
Boasting one of the fastest growing populations, the Indian population is projected to make digital payments worth upwards of $500 billion by 2020, according ... (read more)