Fintech Firms Connecting with Consumers in a Unique Way

Nishant Arora began working in finance even before graduating with a bachelor’s degree in commerce from the University of Delhi in 2016. He started his career as an Articled Trainee in an accounting firm in 2013 and was later promoted to Senior Associate, where he remained until 2017. He worked on Statutory Audits of leading companies in the housing and real estate, consumer goods manufacturing, engineering, heavy equipment manufacture, textile, automobile, hotel, entertainment, and banking industries throughout his time with the accounting company.

India’s fintech market is the fastest growing in the world, with 67 per cent of the more than 2,100 fintech firms in existence having been established in the last five years. The fintech market in India is already worth US$31 billion and is expected to grow to US$84 billion by 2025. The rise might be ascribed to these fintech organisations’ digital adoption to make life easier for their customers.

Nishant Arora began working in finance even before graduating with a bachelor’s degree in commerce from the University of Delhi in 2016. He started his career as an Articled Trainee in an accounting firm in 2013 and was later promoted to Senior Associate, where he remained until 2017. He worked on Statutory Audits of leading companies in the housing and real estate, consumer goods manufacturing, engineering, heavy equipment manufacture, textile, automobile, hotel, entertainment, and banking industries throughout his time with the accounting company.

India’s fintech market is the fastest growing in the world, with 67 per cent of the more than 2,100 fintech firms in existence having been established in the last five years. The fintech market in India is already worth US$31 billion and is expected to grow to US$84 billion by 2025. The rise might be ascribed to these fintech organisations’ digital adoption to make life easier for their customers.

Nishant Arora began working in finance even before graduating with a bachelor’s degree in commerce from the University of Delhi in 2016. He started his career as an Articled Trainee in an accounting firm in 2013 and was later promoted to Senior Associate, where he remained until 2017. He worked on Statutory Audits of leading companies in the housing and real estate, consumer goods manufacturing, engineering, heavy equipment manufacture, textile, automobile, hotel, entertainment, and banking industries throughout his time with the accounting company.

India’s fintech market is the fastest growing in the world, with 67 per cent of the more than 2,100 fintech firms in existence having been established in the last five years. The fintech market in India is already worth US$31 billion and is expected to grow to US$84 billion by 2025. The rise might be ascribed to these fintech organisations’ digital adoption to make life easier for their customers.

Even the banking sector has started moving towards an all-online process. It’s always easier to be a user of such services online where all the info can be accessed at your fingertips. The government has started allowing API access to the majority of its portals like GST, Digi locker, etc which makes it easier for Fintech firms to connect with the consumers seamlessly and provide solutions and services like never before.

Fintech firms, with the help greater than ever, reach of technology till commoners have transformed sectors like insurance, retail, investment advisory, etc. Nonetheless, there is still an infinite scope of the turnaround in sectors like consulting, financial planning, wherein online competition has still not moved the industry.

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