an overview of the market with the different neo-banking fintech players in India Fintech startups in India raised a whopping $3.7 billion in 2019 alone, and for good reason. India has the highest adoption rate for fintech services in the world! Not only that, but India’s annual return on investment on fintech startups is also the highest in the world at 29%, compared to the world average of around 20%. So clearly, fintech players are one of the safer bets in the Indian startup ecosystem, at the moment. Entrepreneurs and venture capitalists, both have come to realise this rather early,…...
The Rise of Neobanks in India
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