India’s fintech has come far, but so much more to be done: MobiKwik’s Upasana Taku

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India’s fintech space is poised to chart strong growth over next 10-20 years, with major opportunities for players to go deeper in digital payments, and expand financial products such as credit and insurance to serve the underserved, according to MobiKwik cofounder Upasana Taku. Only 10% of Indians use multiple financial products today, and the remaining 90% represents a vast market for new services and innovation, she said.

“So I think the overall market opportunity is still very large, and next 5-10-20 years, is going to be a growth story when it…



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India’s fintech has come far, but so much more to be done: MobiKwik’s Upasana Taku


India’s fintech space is poised to chart strong growth over next 10-20 years, with major opportunities for players to go deeper in digital payments, and expand financial products such as credit and insurance to serve the underserved, according to MobiKwik cofounder Upasana Taku. Only 10% of Indians use multiple financial products today, and the remaining 90% represents a vast market for new services and innovation, she said.

“So I think the overall market opportunity is still very large, and next 5-10-20 years, is going to be a growth story when it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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