Role of Fintech in the Digital Economy : Article by Dr. Jones Mathew

From 2010 to 2014 India’s financial inclusion was “taking off” thanks to efforts by GOI and RBI. Since 2014 however, the pace quickened and a paradigm shift began happening. The fintech industry went into overdrive in both the number of start-ups as well as the investments they attracted. This coming of age was driven majorly by growing penetration of smart phones, low-cost affordable internet, introduction of a clutch of payment platforms, all supported by the government through its Digital India and pro-start-up initiatives.

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