The integration of technology within India’s financial industry, spanning payments and lending, has dramatically transformed financial services. This revolution is largely driven by the rise of fintech platforms and the digitization efforts of traditional banks and financial institutions.
To explore how fintech is reshaping daily financial activities and the influence of emerging technologies on transactions, investments, and more, Money Expo India is hosting its third edition on August 17-18 at the Jio World Convention Centre in Mumbai. This year’s event is touted as the largest of its kind, drawing over 15,000 attendees and more than 120 global companies.
Expo Objectives and Features
Money Expo India aims to establish Asia as a nucleus of growth and innovation in financial technology. The expo will showcase over 80 industry experts and notable figures, including:
- Tirthankar Patnaik, Chief Economist at the National Stock Exchange
- Kunal Nandwani, Co-founder and CEO of uTrade Solutions
- Sandeep Bhardwaj, Chief Operating and Digital Officer at HDFC Securities
- Xelene Aguiar, CEO at OmniEx
- Raj Kapoor, Founder of the India Blockchain Alliance
Leaders from other prominent companies, such as 5Paisa, Dhan, ICICI Securities, and FYERS, will also be present.
Core Themes at Money Expo India
The expo will delve into key themes shaping the future of financial services in India, including:
- AI and ML: How artificial intelligence and machine learning are enhancing financial services.
- Embedded Finance: Integration of financial services into non-financial platforms.
- Regulatory Frameworks: Evolving regulatory landscapes and their impact.
- Financial Inclusion: Efforts to expand access to financial services.
Sessions will cover critical topics such as broking-as-a-service (BAAS), the growth of Indian stock markets, and simplifying algorithmic trading. Additionally, the event will address sustainability and India’s journey towards a cleaner future, alongside discussions on creating winning investment portfolios and effective wealth management strategies.
Networking Opportunities
Money Expo India is not just a knowledge hub but also a platform for networking among industry stakeholders. The event will provide a valuable opportunity for government officials, financial institutions, banking professionals, investors, and CXOs to connect, collaborate, and stay abreast of the latest industry trends and future developments.
Vikrant Dale, National Business Head at investment tech platform Bigul, highlighted the importance of networking, stating, “Money Expo is a great platform for engaging with customers from related fields who have queries, making it an excellent opportunity for us.”
Future Outlook
According to an Inc42 report, India’s fintech market is projected to reach $2.1 trillion by 2030, growing at a CAGR of 18%. With 25 fintech unicorns, the sector is set to revolutionize financial services. By 2025, India is expected to have over 900 million active internet users, with 56% of new users emerging from rural areas. This rural segment is anticipated to drive the next phase of fintech growth, making financial services more accessible.