20,000 Delegates From 115 Countries To Attend World’s Largest Virtual Fintech Festival September 28-30 | AFN News
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20,000 delegates from 115 countries will attend the world’s largest virtual fintech festival September 28-30
Posted on September 22, 2021
New Delhi: More than 20,000 delegates representing 3,500 unique companies and 115 countries will participate in the second edition of the Global FinTech Fest. Around 300 international speakers from 35 countries will share their views on the different facets of fintech. It will be a platform for regulators, financial institutions, tech companies, governments, industry bodies, businesses and students to come together. He will also see several reports and product launches.
National Payments Council of India (NPCI) and Internet and Mobile Association of India [IAMAI], along with its sister organizations Payments Council of India (PCI) and Fintech Convergence Council (FCC), are jointly hosting the virtual Global FinTech Festival (GFF) from September 28-30, 2021.
The Fest is presented by the Department of Electronics and Information Technology of the Government of India and supported by NITI Aayog, Startup India and Invest India. The World Bank and the United Nations Capital Development Fund (UNCDF) are the institutional partners of the summit. About 75 partners collaborated for the summit, including Razorpay, AWS and Cashfree.
The main objective of the Global Fintech Fest is to maintain India’s leadership in digital payments and fintech, attract investors to the Indian startup ecosystem and explore the possibilities of globalization of infrastructure and Indian fintech services. The Fest will hold discussions on various facets of fintech, including fintech-led digitization, digital payments, digital insurance, financial inclusion, unicorn building, and more.
India is fast becoming the world’s leading fintech hub, the sector having recorded the highest venture capital funding in the past year in the APAC region. The current year has seen over 16 unicorns in India, of which 1 in 4 unicorns were in the fintech realm. The country with more than 800 million smartphone and internet users is today the most advanced society in the world for the adoption of financial technologies. Over 3,000 fintech start-ups are thriving in India. Growth is partly driven by the availability of sandboxes by three major regulators in insurance, capital markets and by the Central Bank.