Page 17 - Fintech Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By siliconindia  |  Thursday, 25 February 2021, 09:54 Hrs The Covid-19 disruptions have given an added push to the development of digital ecosystem in the country as is evident from the increased investor activity in the Fintech sector despite the challenges posed by the pandemic. According to KPMG's Pulse of Fintech H2'20 report, disruptions have turned into opportunities for the sector with India attracting $2.7 billion in Fintech investment in 2020, the second highest amount ever next to 2019's peak of $3.5 billion. The attractiveness of the country's...

Read more about Fraud in fintech being fought with regulatory tech on Business Standard. It has been estimated that more than 1,200 lending apps are active in India. While some have been shut down or removed from Google or Apple platforms, others can pop up with frightening speed

Read more about RBI working committee in favour of setting up NPCI-type agency for fintechs on Business Standard. RBI panel favours new structure for better supervision

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Read more about Fintechs show interest in becoming SFBs, but transitions involve risks on Business Standard. The fintech model is conceptualised as asset-light, which, in fact, played a huge role in Fino Payments Bank's early breakeven