India is amongst the fastest growing fintech markets in the world, with market size estimated to be approx. A$150bn by 2025 (three times the size of 2021).

The fintech industry in India is categorized into four major subsectors namely wealthtech, payments, lending and insurtech.

• Highest fintech adoption rate globally of 87% (against the global average rate of 64%).

• Digital payments market is expected to more than triple from A$3tn today to A$10tn by 2026.

• About A$35bn invested across segments, resulting in more than doubling India’s share of global fintech funding since 2016.

There is an immense opportunity to capitalize on strong demographics, increasing digital adoption, maturing data ecosystem, and product expansion, which will provide a platform for Australian fintechs to grow and achieve scale in India.

Austrade, in partnership with Fintech Australia and CPA Australia, invites Australian fintech companies to a webinar to learn about the Indian market and the exciting opportunities to grow and scale business in India.