There’s always a sector that’s the apple of the investor’s eye. In the first half of the last decade, that position was held by e-commerce in India. In the second half, fintechs became all the rage, attracting millions of dollars. Among the top 100 global companies by market capitalisation, financial services are worth $3.7 trillion in market capitalisation. That makes for 17.6% of the $21 trillion that the top 100 companies are valued at, says a report by consultancy firm PricewaterhouseCoopers.
Bajaj, Razorpay, Zerodha carry the Indian fintech torch
Last year, an escalating bad loan and liquidity crisis stripped the hype from fintechs and revealed which companies were truly gaining ground in digital finance. And they lay the foundation for the new decade
In lending, Bajaj Fintech emerges as the real fintech for the way it uses technology while maintaining a stranglehold over bad loans
Tech helped Zerodha rise over other broking behemoths in 2019, a feat Razorpay too hopes to achieve
All fintech attention is focused on payments and wealth tech companies, but the real fintechs there are NPCI and BSE STaR
As the hype lifts from fintechs, in 2020, Indian fintech will be measured on real performance rather than just potential