The India FinTech Diaries

In this episode of India FinTech Diaries, we venture beyond our usual focus on Indian FinTech to look at Indian Fintech with a Latin American lens. We are joined by special guests Julio Vasconcellos and Ana Martins from Atlantico, who share their impressions of Indian Fintech and how it contrasts with the Fintech ecosystem of Latin America. Here’s what we talked about:

🔥 The Indian Entrepreneurial Spirit and Global Ambition

💸 The Concept of the ‘Business of Free’ in India

🪙 Regulatory Evolution and Its Impact on FinTech

🌎 Fintech in Brazil and Latin America

🧭Cultural and Social Parallels Between India and Brazil

This episode provides a unique look at the Indian and Latin American FinTech ecosystems, highlighting the lessons they can learn from each other. Tune in to hear more about the future trends in FinTech and how these regions are poised to lead the next wave of global innovation.

Contact Ana

Contact Julio

Contact Atlantico

As India’s e-commerce landscape continues to boom, ranking 9th in global cross-border growth, companies are increasingly looking for ways to streamline international payments.In this episode we dive into the dynamic world of cross-border e-commerce payments with Reeju Datta, co-founder of Cashfree. Reeju offers a behind-the-scenes look at how Cashfree has been a game-changer in this space, helping Indian businesses expand globally without the hassle of setting up shop abroad. From discussing the innovative beginnings of Cashfree—designed to reduce the reliance on cash-on-delivery—to explaining the complexities of Payment Aggregator Cross-Border (PACB) licences, Reeju shares insights that will fascinate both FinTech enthusiasts and business leaders. In this episode we discuss:

💸 Cashfree’s origin story

💰Cross-Border E-Commerce Payments

⚙️ Payment Aggregator Cross-Border (PACB) Licence

🌍 Innovations in Cross-Border Payments

Listen now to discover how cross-border payments are evolving, and how Cashfree is leading the charge in making global transactions smoother and more efficient for Indian businesses.

Contact Reeju

Contact Cashfree

UPI is expanding at a remarkable pace, processing around 14 billion transactions each month. However, the introduction of Credit Line on UPI holds the potential to supercharge this growth, unlocking a staggering $1 trillion payment value opportunity by 2030. As part of our ongoing series on Credit Line on UPI, we sat down with Sivaram Kowta, President of Banking at Zeta India, to delve deeper into this game-changing innovation and its impact on the future of digital payments. In this episode, we explore:

💸 Credit Line on UPI: What it is and how it could unlock a $1 trillion opportunity by 2030.

💰Why banks, with their vast customer base and lower cost of funds, have the edge over fintechs in offering credit lines on UPI.

⚙️ Insights into the tech hurdles banks face in adopting credit lines on UPI

🗺️ How Zeta is leading the charge in solving these challenges with their innovative solutions

Make sure to listen to the full episode for a deeper dive into these topics!

Contact Sivaram Kowta

Download Chak De India - Democratizing Credit With Credit Line On UPI: https://www.zeta.tech/in/white-paper-on-credit-line-on-upi-opportunity-for-banks

Contact Deepak Kumar

Contact Zeta

It has been about a year since the Credit Line on UPI was announced. We caught up with Gaurav Mittal, CEO and co-founder of Vegapay, to understand what has happened in this space in the year gone by and what are some of the technology considerations for launching such a successful product. In the episode we discussed:

💸 Credit Lines and the role of third party apps

⚙️ Tech stack and regulations

💰 Opportunities for banks

🗺️ Vegapay’s role in the ecosystem

Listen to this first episode in our series on Credit Line on UPI

Contact Gaurav

LinkedIn: https://www.linkedin.com/in/gaurav-mittal-8084349/

Contact Vegapay

LinkedIn: https://www.linkedin.com/company/vegapay/

Website: https://vegapay.tech/

In this special episode of India Fintech Diaries, we celebrate National Fintech Day with a deep dive into the role of fintechs in supporting MSMEs, the backbone of India's economy. Our guests, Kumar Shekhar, Deputy Country Manager of Tide India, and Sundeep Mohindru, CEO,Promoter and Director of M1xchange, share their insights on the challenges and opportunities faced by MSMEs in accessing banking and lending services. We explore the innovative solutions fintechs are providing to close the financing gap, the evolving role of government policy, and how these digital platforms are reshaping the future of MSME financing in India. In this episode we discuss:

🏭 MSMEs and their Impact on the Economy

⚙️ Challenges in MSME Banking and solutions

💰 The Role of Fintechs in MSME Financing

📬 Types of MSME Lending Products

🗺️ The Future of MSME Financing

Listen to this episode for insights on how fintech is making an impact in finance

Contact Kumar Shekhar

Contact Sundeep Monhindru

In our next episode on AI, we spoke with Ankit Ratan, Co-Founder Signzy. Ankit helped us understand and answer the important question of how GenAI is helping banks with compliance and regulators with monitoring compliance. In our conversation we discussed:

🤖 GenAI and Financial services use cases in India

⚙️ SupeTech and GenAI

🔑 Key considerations for navigating compliance & AI

💡 Signzy and AI

Listen to this episode for insights on the intersection of GenAI and compliance

Contact Ankit

Contact Signzy

In our latest episode on AI, we spoke with Anant Gupta, FSI Head, Google Cloud India to better understand how AI use cases are implemented on the cloud and how financial services firms could leverage the cloud to bring AI use cases to life. During our conversation we discussed:

🤖 GenAI and Financial services use cases in India

⚙️ Implementing AI use cases on Google Cloud

🔑 Key considerations for implementing AI

💡 Parting thoughts on evolution of AI use cases in India

Listen to this episode for perspectives on how GenAI is changing financial services in India

Contact Anant

Generative AI is rapidly transforming many industries across the globe and financial services is one of them. To better understand the impact of GenAI and AI in general on the financial services space, our next few episodes will be focused on speaking to companies and leaders in this space. To begin unpacking this topic we spoke with Raoul Nanavati, Co-founder & CEO, Navana. Navana.ai empowers businesses to create user-friendly digital interfaces for the next billion and is actively working with financial services firms to help them interact with their customers in regional languages. During our conversation we discussed:

🗺️ Raoul’s journey to starting Navana

🫰 Understanding LLMs

💡 Cracking the difficult problem of voice LLMs for Indic languages

🧰 Product overview, traction and technology

💰 Business model of Navana

🧭 2024 for Navana

Listen to this episode for perspectives on how GenAI is changing financial services in India

Contact Navana

Did you know that 95% of women did not access any financial platform? To understand what are some of the barriers to financial product adoption among women and how fintechs can help solve this, we thought that it would be a timely topic to deep dive into on International Women’s day. To help us unpack this topic we spoke with Ridhi Doongursee, Co-founder LXME. During our conversation we discussed:

🗺️ Ridhi’s journey to starting LXME

🫰 Challenges for financial adoption

💡 How LXME is solving adoption challenges

🧰 Product overview, traction and technology

💰 Business model of LXME

🧭 2024 for LXME

Listen to this episode for perspectives on WealthTech in 2024

Contact LXME

This Friday is International Women’s Day, and we thought that in our next episode in the DLAI Fintech Podcast Series, we would discuss the important issue of the credit gap between genders and how we can bridge it. To shed more light on the issue and provide insights on solutions, we spoke with Puneet Gupta, Co-Founder of Kaleidofin. We discussed:

💸 Why do rural women not have access to affordable Finance?

🌏 Solutions seen Internationally and parallels to India

🏦 MFIs and credit access

💹 How Impact Investing can make a difference

⚖️ Imperatives for stakeholders

Join us for this this episode on the eve of the DLAI Fintech Conclave 2024

Contact DLAI