Fintech Newsletter – January 16, 2020 to April 30, 2020

Published On: 04/05/2020

Authors:

Avimukt Dar
Suneeth Katarki
Namita Viswanath
Shreya Suri
Despite the economic slowdown due to the COVID-19 pandemic, the Indian fin-tech sector has done exceedingly well this past quarter, with uninterrupted innovation and investments in the space. Fin-tech enterprises bundling their services with banks shows the evolving focus on leveraging synergies. Social distancing has also led to a significant increase in the number of users transacting on digital payment applications and using online banking services, which is likely to change the overall behavioural pattern of users in the Indian economy.