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.
India Vs China Vs USA: Fintech Startup Ecosystem Comparison
Top 10 Biggest Fintech Startup Funding Rounds In Q3 2022
Indian Fintech Startup Ecosystem: Q3 2022
Fintech Funding and M&A Trends
Top Indian Fintech Startup Hubs and Notable Investor In Q3 2022
15 Early Stage Fintech Startups To Look Out For
Fintechs Under Scanner
Fintech In India: Key Developments
Lending Teach In India: The Dawn Of Digital Lending.
Global vs Indian Digital Lending
India’s Digital lending Landscape and How It Works
Evolution Of Digital Lending In India
Demographic Breakdown — The Digital Lending Opportunity
Digital lending Opportunity In India: B2B And B2C Lending
Indian Digital Lending Startup Landscape
Digital Lending Funding Trends In India
Notable Digital Lending Startup Investors In India
Top 10 Most Funded Digital Lending Startups In India
Financial Analysis Of Digital Lending Startups
Comparative Analysis: B2B, B2C And B2B-B2C Lending Startups In India
Lendingtech In India: SWOT Analysis
Emerging Trends
Challenges
Fintech Startups’ Stock Performance
Emerging Trends: Fintech In India
Summary
Although funding and average ticket size for the fintech sector decreased by 68% and 59%, respectively, in the third quarter of 2022, the future for fintech looks strong.
The adoption of gold loans, Digital Rupee, and the inclusion of the rural population are expected to boost the fintech sector. As the most funded subsector within fintech and digital lending market is expected to grow at a CAGR of 22% from 2022 to 2030, reaching a market size of $1.3 Tn by 2030, capturing 60% share of the fintech market.
However, the fintech sector in India faces challenges such as cyber threats, data privacy, and data theft. To address these challenges, rules and regulations are being put in place to protect consumers and ensure the smooth functioning of the sector.
Stay on top - Get the daily news from Inc42 in your inbox
