State Of Indian Fintech Report, Q4 2022

The total addressable market for Indian fintech is expected to reach $2.1 Tn by 2030, with a CAGR of 18% from 2022. India's fintech sector has attracted over $24 Bn in investments since 2014 and is home to 22 unicorns and 33 soonicorns. However, in the third quarter of 2022, the average funding and ticket size for the fintech sector decreased by 59% and 68% year-over-year, respectively. Over the years, digital lending has emerged as the most lucrative sub-sector within fintech, accounting for 39% of total fintech funding. This report examines the state of the fintech sector in the face of a looming recession and highlights the startups making waves in the industry, with a special focus on India's rapidly growing digital lending market.

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State Of Indian Fintech Report, Q4 2022
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