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WATCH: Fintech Wave To Benefit MSMEs By Making Funds Cheaper? CEA Answers

WATCH: Fintech Wave To Benefit MSMEs By Making Funds Cheaper? CEA Answers

 

India’s fintech industry could touch the 1-trillion-dollar market by the end of this decade. According to the Finance Ministry’s V. Anantha Nageswaran, Chief Economic Advisor, the sunrise sector, which was pegged at $31 billion in 2021 is likely to explode in the next few years. This next wave in fintech is seen benefiting MSMEs by making available cheap funding for the sector.