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India emerging a hub for fintech start-ups

According to a report by Nasscom, there are close to 400 companies in India focused on the fin-tech market globally.

India becoming the hub for fin-tech start-ups

In June this year, UK-banking giant Barclays will operationalise its fintech innovation hub Rise in India. This will be the banks fifth centre across the globe to tap into the fintech start-up ecosystem. According to a report by Nasscom there are close to 400 companies in India focused at the fin-tech market globally. This is also attracting investor attention with almost $450 million being invested in fin-tech product startups in 2015. No wonder than several fin-tech focused accelerators and incubators are being set up in India. It is not just Barclays that is tapping into the Indian ...