Fintech Summit Mumbai

Cover image via U.Today

Global investments in Fintech more than tripled in 2014, reaching more than $12 billion. In comparison, banks spent an estimated $215 billion on IT worldwide in 2014, including hardware, software, and internal and external services. 

Payment space:

This has been most challenged by tech-driven new entrants. Mobile Internet and smartphone penetration have been a game changer in consumer and SME finance and payments. 

Marketplace lending or P2P lending:

It offers online platforms to match borrowers and lenders with the aim of lowering the borrowing cost for borrowers and increasing returns for lenders. Marketplace lending has been around for over a decade but has only seen a take-off in growth over the last few years. 

The LaLiT Mumbai Sahar Airport Road, Andheri East, Mumbai, Maharashtra
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7000 ₨
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9000 ₨

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