Asia · World's #2 Fastest-Growing FinTech

India

UPI processes more real-time payments than any system on earth — 10 billion+ per month. India's 1.4 billion people and deep engineering talent make it both the world's most exciting FinTech market and a global delivery hub.

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10B+

UPI transactions per month

Fastest-growing global FinTech

1.4B

Population

2019

FinTech Consult in India since

Why India for FinTech?

India Stack — Aadhaar, UPI, and Account Aggregator — gives India the world's most powerful digital public infrastructure for financial services. No other country offers this combination of scale, openness, and growth.

UPI — World's Leading Real-Time Payments

India's Unified Payments Interface (UPI) processes over 10 billion transactions per month — more than any real-time payments system in the world. Open to third-party FinTechs via API, UPI has democratised digital payments at a scale no other country has matched.

Massive Opportunity

India is home to 1.4 billion people, 500M+ internet users, and still has 200M+ unbanked adults. The combination of scale, rapid smartphone penetration, and financial inclusion mandates creates one of the world's most compelling FinTech growth stories.

Deep Tech Ecosystem

India has the world's third largest startup ecosystem and a deep pool of engineering talent. Bangalore, Mumbai, and Hyderabad host world-class FinTech engineering, data science, and product teams — making India both a market and a global delivery hub.

RBI Innovation Support

The Reserve Bank of India operates a regulatory sandbox and has implemented a progressive framework for payment aggregators, account aggregators, and digital lenders. India Stack — Aadhaar + UPI + DigiLocker — provides world-class digital public infrastructure.

Key FinTech Verticals

Payments leads India's FinTech story via UPI. Digital Lending, InsurTech, WealthTech, and B2B FinTech are the next wave of high-growth opportunities.

Payments & UPI

PhonePe, Paytm, and Google Pay have built mass-market UPI wallets. India leads the world in real-time payment volume. BBPS and cross-border UPI connections to multiple countries open significant B2C and B2B payment opportunities.

Digital Lending

India's Account Aggregator framework has unlocked a new era of consent-based credit underwriting. Fintechs like Lendingkart, KreditBee, and Slice are reaching underserved MSME and consumer segments with data-driven credit products.

InsurTech

India is one of the world's most underinsured large economies — a massive structural opportunity. Acko, Digit, and a wave of embedded insurance platforms are digitising distribution and claims across health, motor, and crop segments.

WealthTech

India's rapidly expanding middle class is generating demand for accessible investment products. Zerodha, Groww, and Smallcase have democratised equity investing. Mutual fund platforms and goal-based savings apps are growing at 40%+ annually.

B2B FinTech

India's 63M+ MSMEs represent one of the world's largest underserved B2B financial markets. Payroll, expense management, trade finance, and banking-as-a-service platforms for businesses are among the fastest-growing FinTech categories.

Key Institutions

The regulators and bodies shaping India's FinTech landscape.

RBI

Reserve Bank of India

Central bank & financial regulator

SEBI

Securities and Exchange Board of India

Securities regulator

NPCI

National Payments Corporation of India

UPI & payment infrastructure

iSPIRT

iSPIRT Foundation

India Stack & public digital infra

NASSCOM

Tech & startup industry body

IAMAI

Internet and Mobile Assoc. of India

Digital industry association

Our Expertise

Expanding to India?
We support you.

FinTech Consult has been active in India since 2019. We help international FinTechs navigate India's complex regulatory landscape, identify the right local partners, and build relationships across Bangalore, Mumbai, and Hyderabad's thriving ecosystems.

We support you in English and Hindi.

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Researching the Indian FinTech market across Bangalore, Mumbai, and Hyderabad
Setting up and running an Indian subsidiary or partnership structure
Advising on RBI licensing, payment aggregator registration, and regulatory compliance
Introducing you to key decision-makers across India's FinTech ecosystem
Identifying distribution partners, co-lending arrangements, and banking partners
Supporting marketing and sales initiatives in the Indian market
Identifying pitching opportunities with Indian investors and strategic partners
Advising on legal and tax matters via our Indian partner network