Money Expo India To Decode The Future Of Fintech

The adoption of technology across the various sub-sectors of the financial industry, including payments and lending, has transformed financial services in India. This shift is primarily attributed to the emergence of fintech platforms and the digitisation efforts undertaken by traditional banks and financial institutions (FIs). 

The rapid adoption of technology by the financial services industry has resulted in a revolution that has enhanced financial literacy and financial freedom among Indians. 

To delve into how fintech is reshaping daily financial activities and explore the impact of emerging technologies on the way Indians transact, invest and more, Money Expo India is set to host its third edition on August 17-18 at the Jio World Convention Centre in Mumbai. This year’s expo claims to be the largest of its kind, attracting over 15,000 attendees and more than 120 companies from around the globe.

Money Expo India aims to position Asia as a hub for growth and innovation. It will feature 80+ industry experts and luminaries, including Tirthankar Patnaik, chief economist at the National Stock Exchange; Kunal Nandwani, cofounder and CEO of uTrade Solutions; Sandeep Bhardwaj, chief operating and digital officer at HDFC Securities; Xelene Aguiar, CEO at OmniEx; and Raj Kapoor, founder of the India Blockchain Alliance. Besides, leaders from companies like 5Paisa, Dhan, ICICI Securities and FYERS will also be present at the event.

The expo will provide brands in payment, lending, wealthtech, insurtech, regtech and other sectors an opportunity to showcase their offerings over the two-day exhibition.

Core Themes At Money Expo India

From AI and ML to embedded finance and from regulatory frameworks to financial inclusion, the next phase of financial services in India will present significant growth opportunities as well as challenges. 

To address these, Money Expo India will feature sessions on critical themes, such as broking-as-a-service (BAAS), growth in Indian stock markets, and simplifying algo trading.

Attendees can also explore trending topics like sustainability and India’s path towards a cleaner future, including the financial aspects of this industry. Investors will benefit from sessions led by well-known figures in the financial sector on topics like creating a winning portfolio and wealth management.

Forging Connections Among Industry Stakeholders

In addition to serving as a knowledge hub for India’s financial sector, Money Expo India aims to facilitate networking among industry stakeholders from across the country and beyond. It aims to provide a valuable opportunity for visitors, including key government officials, financial institutions, banking professionals, investors and CXOs, to connect, collaborate and stay updated with the latest industry developments and future trends.

Vikrant Dale, national business head at investment tech platform Bigul, emphasised the value of networking, saying, “Money Expo is a great platform for engaging with customers from related fields who have queries, making it an excellent opportunity for us.”

According to an Inc42 report, India’s fintech market is projected to reach $2.1 Tn by 2030, growing at a CAGR of 18%. With 25 unicorns, the sector is poised to revolutionise the financial services industry.

By 2025, the country is expected to have over 900 Mn active internet users, with 56% of new users coming from rural areas. The rural segment is anticipated to drive the next phase of the growth of fintech by embracing technology, thereby making financial services more accessible. Thus, stakeholders in the sector must stay informed about trends and insights to seize emerging opportunities.

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