The next success story in India's fintech space will likely be scripted by startups leveraging account aggregator framework, according to Ritesh Banglani, cofounder and managing partner at Stellaris Venture Partners
Speaking at Inc42’s MoneyX 2024 event, Banglani said he is bullish on fintech startups tapping account aggregator framework to build new products and business models
“Most VCs are currently investing in regulated fintech entities or entities operating in sectors where the path to regulation is clear,” he said
In India’s fintech space, the next success story will likely be scripted by startups leveraging account aggregator framework, according to Ritesh Banglani, cofounder and managing partner at Stellaris Venture Partners.
Speaking at Inc42’s MoneyX 2024 event, Banglani said he is bullish on fintech startups tapping account aggregator framework to build new products and business models, as India’s digital payments industry continues to thrive, driven by initiatives like Unified Payments Service (UPI).