Published Paper Details:

Financial technology, or fintech for short, is the application of technology to innovative financial services and solutions. The fintech sector uses technological innovations in blockchain, artificial intelligence, software, mobile apps, and other areas to improve and streamline a range of financial operations. India has been regarded as a major global hotspot for financial technology innovation throughout the past ten years. Governments, investors, and multinational corporations are interested in investing in this space and interacting with the ecosystem to create a Fintech-enabled India. Despite the global economic issues, India's digital payment industry has experienced exceptional growth, demonstrating the resilience and promise of its fintech-driven ecosystem.According to a recent report from Matrix Partners and Boston Consulting Group, as market demand grows based on financial inclusion, Indian fintechs are predicted to generate revenue to the tune of $190 billion by 2030. Building more inclusive and effective financial services and fostering economic development are made possible by the continuous digitization of financial services and money.The study endeavors to examine the key components of fintech, highlight its relevance, and explore the connection between financial technology and digital payments.