Paytm, Razorpay, Pine Labs, Lendingkart, ZestMoney, smallcase and Zerodha are all part of an industry that is disrupting millions of Indian lives. 

A report by Google and Boston Consulting Group predicts that digital payments in India will exceed $500 billion by 2020, up from $50 billion in 2016. Additionally, funding across fintech and financial services crossed $2 billion in 2018.

So why is this important?

Because this industry is part of our everyday lives. From the way we pay for items, how we get insurance, borrow money, manage our money and a whole lot more.

Mobile wallets, payments processing, wealth management, lending, crowdfunding, insurancetech, digital banking and financial services automation are just a few of the categories that are either being created or disrupted.

This March, Startup Saturday Bangalore tackles the fintech industry with the theme ‘All About Fintech’ where we explore several areas of this burgeoning industry.