MEDICI released its 120-page India FinTech Report 2019[1] on March 15, 2019. The report was launched by the Honorable Governor of Maharashtra, C. Vidyasagar Rao. The report is a comprehensive study of the Indian FinTech ecosystem encompassing both core FinTech segments (Payments, Lending, InsurTech, WealthTech, and Corporate Banking) as well as the less-discussed-but-emerging segments like RegTech, Cybersecurity, Blockchain, and Beyond Banking (PropTech, AgriTech, and HealthTech). In addition to the Governor of Maharashtra, other dignitaries present at the launch of the report included Mr. Sopnendu Mohanty, Chief FinTech Officer at MAS; Mr. Mark Field, Member of Parliament – UK; Ms. Tara Scheurwater, Ag. Consul General – Consulate General of Canada; and Mr. SVR Srinivas, Principal IT Secretary – the Government of Maharashtra.
To quote Suniti Nanda, FinTech Officer with the Government of Maharashtra, “As part of this event, we signed an MOU with MEDICI for leveraging its expertise to benefit the broader ecosystem. The India FinTech Report by MEDICI is a great beginning to set a benchmark within the existing ecosystem, with factual knowledge.”
The report also includes a foreword on the progress made in India’s FinTech sector by Dilip Asbe, MD & CEO at NPCI. The India FinTech Report 2019[2] is based on MEDICI’s proprietary FinTech platform which has over 13,000 global FinTech startups (2,035 from India) and in-depth market intelligence derived from more than five years of tracking the FinTech industry.
MEDICI’s India FinTech Report 2019 has achieved remarkable success, made evident by leading news mediums in India covering and citing the report. We have highlighted a few of them below:
