The FinTech industry presents numerous opportunities and huge growth potential. With digital disruption revolutionizing the finance and banking industry, many professionals consider it wise to switch to FinTech to future proof their career and take control of their professional path.
Blockchain became the talk of the town with the rise of cryptocurrency. Since then, this transformative technology has come a long way, citing its potential applications in fintech, logistics, healthcare, education, and even in legal tech.
Indian FinTech is all set to become a global force. The boom in this sector is quite a surprise. Despite adverse times that began with the outbreak of COVID-19 late last year and the economic troubles since the first quarter of 2020, the Indian FinTech trends have shown an upward trajectory. This is especially clear from the investments being made in this sector. Here are four trends that will make Indian Fintech a global phenomenon.
As the Covid-19 crisis continues, work, life, learning, and everything has become limited to our living spaces. Weeks of working remotely by yourself and in isolation can be monotonous. But it can be made worthwhile. This is the time to learn new things, new skills, and keep yourself engaged while you give your mind something productive and enhance your portfolio as well.
“In the digital marketing context, AI can create hundreds of variations of a creative to show to different cohorts at different dayparts, different devices, and so forth. AI doesn’t get bored or tired. It doesn’t have an ego.” – Karthi Kumar Marshan, President and CMO, Kotak Mahindra Bank.
According to a report published by the Bank for International Settlements (BIS) in January 2019, around 40 central banks worldwide might consider experimenting with Central Bank Digital Currency (CBDC). With the depth, extent, and progress of the same vary, it is safe to assume that we will see a surge in CBDCs over the next decade.
The COVID19 pandemic has led to many economic upheavals. At the moment, the Indian economy is contracting. This is impacting how finance professionals are planning their careers and future.
Over the last decade, medicine and healthcare have seen a substantial digital transformation. With digital tools and solutions focused on reducing medical professionals’ work, making systems more efficient, improving patient outcomes, making treatments cost-efficient, and minimizing human error, digital health has established itself as an essential part of the medical and healthcare industry.
When we think about innovative solutions in healthcare, the primary benefit that comes to mind is an improved quality of life. By reducing the treatment and recovery time, technologies like digital monitoring systems, state-of-the-art scanning equipment, surgeries with minimal invasion, etc., have undeniably improved the quality of life. As technology evolves, such solutions offer us an opportunity to live a healthy and productive life. As machines made their way into our lives, and we entered the age of digitization, hospitals and medical professionals started leveraging technological tools to offer efficient health services to people.
As more and more industries adopt Artificial Intelligence (AI), there is a new pocket of demand unfolding for AI professionals. And it’s a big one. “We’re at the beginning of a golden age of AI. Recent advancements have already led to an invention that previously lived in the realm of science fiction—and we’ve only scratched the surface of what’s possible”. – Jeff Bezos, Founder, and CEO – Amazon
The first word that comes to mind after hearing Poojitha Bijjam’s story is ‘trouble-shooter’. She is someone who loves solving problems – coding and non-coding alike. In fact, she loves it so much that she spends her free time looking for problems to solve. She also believes in motivating people around her by setting an example. This is her story.
Saying that Harshitha A.V.L. is passionate does not do justice to her character. This Hyderabad-based women engineer goes out of her way to help people, mentor them and give them a direction. Why? Because she knows what it’s like being directionless, meandering about without a clue of where she is headed.
Yashi Srivastava introduces herself as a girl who thrives on a good challenge. She is that person who will fight to get the things she wants. Today, all her struggles have led to her getting an offer from Gojek at a CTC of INR 29 lakhs. This is her story.
When Delhi girl Riya Tyagi recounts her story, the following lines from a Robert Frost poem come to mind:
“The woods are lovely, dark and deep,
But I have a promise to keep,
And miles to go before I sleep.”
As women living in India, many of us might feel a pinch (read: truck full) of self-doubt and lack of self-confidence from time to time. But with Spriha Mandal, these two were old friends that failed her since her childhood.
Meet Bhavana Reddy Vanga—a Hyderabad girl who sets extremely high standards for herself and risks it all when those standards aren’t met. She is diligent, persistent and has a focused approach to life. Just in her early 20s, Bhavana knows what she wants and is not afraid to give her all to get it. This is her story.
The ability to breathe seamlessly is a pre-requisite for life. Imagine for a second that you are someone who faces breathing difficulties, nosebleeds, and irritation in your nasal canal almost every day. Would you then be able to focus on anything much?
Chirpy, bold and optimistic – three words that best describe Ashna Kapoor, the Amritsar girl leading change in her community. Where Ashna comes from, 22-year-old girls are usually married off into good families and their education is restricted to the cities or towns they live in.
There are times when all of us feel like prisoners in our own minds – constantly trying to break free of negative thoughts but unable to. For Monica Sai Kambala, this feeling is an everyday reality.
Sajal Agarwal’s busy LinkedIn profile is a testimonial to this recent B. Tech graduate’s drive to prove herself. Just in her early 20s, this Mathura girl is out to win big. She is fearless, well-spoken, and knows her mind —traits that are rare in one so young.