India's fintech industry is the fastest growing industry in the world.
Driving this growth are companies offering innovative technologies to increase reach, improve customer experience, and foster the use of digital channels.
Technological innovations such as blockchain and artificial intelligence have given rise to a number of fintech companies in India while initiatives led by the government such as demonetisation, Jan Dhan Yojana, and Aadhaar, have accelerated their adoption.
The payments industry is at the forefront of this trend, with mobile wallet features such as Unified Payment Interface (UPI) being used by millions of Indians for day-to-day transactions.
There are also various other sub-segments that are gaining traction such as lending, wealth technology (WealthTech), insurance technology or (InsureTech), regulation technology or (RegTech).
You can also check out Equitymaster's powerful stock screener to find the top fintech stocks in India.
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