Enterprise fintech market may reach $20 billion by 2030: report
As the demand for fintech infrastructure providers increase, the Indian enterprise fintech market is expected to touch $20 billion in market size, a report from venture capital firm Chiratae Ventures and finance consultancy Digital Fifth said.
The demand for the enterprise fintech players is driven by the need for incumbents such as banks and financial institutions to deepen their reach through partnerships, provide tailor made solutions, improve underwriting and lending operations as well as to ensure compliance across their network partners in a fast-changing regulatory environment.