nandan

Financial Ecosystems driving inclusion in India

Talking about Indian fintech, Amitabh and Nandan agreed that the first phase of the fintech revolution started with Aadhar and UPI. These were the building blocks of a tech infrastructure that helped us move away from the traditional way of doing business and take a big leap towards financial inclusion. Aadhar created a digital footprint for 1.3 billion people which made the world’s largest Direct Benefits Transfer (DBT) program possible during the pandemic – the government could directly transfer social aid to Aadhaar linked accounts, skipping any middlemen and resulting malpractices.…