FinTech in India represents a breakthrough rather than a bubble. This assertion is supported by several key factors observed in the Indian financial landscape.
Firstly, the rapid expansion of the FinTech market, encompassing segments like Payments, Digital Lending, InsurTech, and WealthTech, indicates a sustained and significant growth trajectory.
Secondly, the emergence of unicorns and substantial funding in the sector exemplify investor confidence and global recognition of India's FinTech potential.
Additionally, government initiatives such as India Stack and the JAM Trinity have laid a robust foundation for FinTech innovation and financial inclusion, further solidifying the sector's credibility and long-term viability.
These factors collectively suggest that FinTech in India is not merely a speculative bubble but rather a transformative force reshaping the country's financial landscape for the better.
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