Decade-Long Journey: Have Fintechs Truly Shaken Up The BFSI Industry?

The fintech landscape in India has undergone a seismic shift over the past one and a half decades. What began as a nascent industry focused on basic payment solutions has evolved into a much wider ecosystem of offering lending, brokerage, advisory, and wealth management. The proliferation of smartphones and cheaper data has also led to the rise of Fintechs.