In September 2023 I attended the Global Fintech Fest (GFF) Conference in Mumbai and posted on LinkedIn about the future of Indian fintech, focusing on public‑private partnerships, financial inclusion, blockchain, institutional innovation, and emerging digital services.
The Unified Payments Interface (UPI) stands as a testament to what can be achieved when public infrastructure is seamlessly integrated with private user interfaces.
The aim is not just to create sophisticated tools for the urban elite but to empower every individual, from farmers to end‑users in rural areas, to achieve financial freedom.
The government authorities are not just aware of blockchain technology; they are actively exploring its potential applications.
The transformation of the National Payments Corporation of India (NPCI) from an RBI initiative to an NGO highlights the Indian fintech ecosystem's readiness for innovation and growth.
DigiLocker, a digital locker service by the Government of India, is poised to become a cornerstone for personal data management in the future.
I emphasized the importance of public‑private collaboration as a model for scaling fintech infrastructure, prioritized inclusive product design for under‑banked populations, and decided to allocate resources to blockchain pilots and integrate DigiLocker into our solutions. See my linkedin profile for broader context.