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SIDBI Center for Innovations in Financial Inclusion (SCIFI)
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Fintech in India – An Evolving
Landscape
It is imperative that India and Russia create better
coordination in Fintech sector to reform the lives of
their peoples through financial inclusion and pave
the way for a well developed digital economy in
both the countries that will serve as the basis for
the absolute and qualitative increase in bilateral
trade. Read full story
India’s fintech economy is gaining
currency big time
Digital payments are driving the fintech (financial
technology) revolution in India, with transactions stacking
up to $64 billion in 2017-18. With growing digital
awareness and trust in technology, terms such as UPI,
IMPS and NEFT are commonplace today. Over 1,300
new fintech startups formed during 2015-18 are a
testimony to this; Read full story
India's fintech sector could see a
revamp with cutting edge tech driving
business
The Indian fintech sector could be in for a complete
transformation with cutting edge technology driving
the business and access to lending for individuals
made far easier and more convenient. This, if the
government-appointed committee goes about
doing its task as per the recommendations of
another committee on the subject. Read full story
IIML SCIFI provides nurturing environment to start-ups especially those in the area of FinTech to bring
about greater financial inclusion. It aims to unlock entrepreneurial potential and turn innovative ideas into
products. SCIFI Newsletter, Finclusion initiated to share about important events, activities, news and
policy updates happening around ‘Financial Inclusion’ and ‘FinTech’ along with key updates of its own
works.
SCIFI, IIM Lucknow
Fintech India
SIDBI Center for Innovations in Financial Inclusion (SCIFI)
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Task Force Analyzes Role of Fintech
in Accelerating SDGs
The report’s key takeaway: the digital revolution
in financial technology (fintech) offers major
opportunities to accelerate financing of the
Sustainable Development Goals (SDGs) --
primarily by putting more control into the hands of
citizens. Read full story
Blockchain In Fintech Market 2019 Is Booming Across the Globe
Blockchain in Fintech Industry 2019 global market research report analyzes the market status, share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Furthermore, Blockchain In Fintech industry breakdown the data by region, manufacturers type and application. Read full story
Global Fintech Market Value is Expected to Reach $309.98 Billion at a CAGR of 24.8% Through 2022
The Fintech (Financial Technologies) market consists of sales of technology and platforms and related services. Companies in this market produce applications, processes and products, which are used in the financial services industry, and these solutions are provided as an end-to-end process over the Internet. Read full story
World FinTech Report 2019
The World FinTech Report (WFTR) 2019 from
Capgemini and Efma explores how the future is
moving to a shared marketplace where banks must
think beyond open banking and transition to an
impending phase we call Open X. Read full story
Fintech Global
SIDBI Center for Innovations in Financial Inclusion (SCIFI)
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Awareness session for Dean/
Directors/ Principals of
affiliated institutions of Abdul
Kalam Technical University
(AKTU)
An awareness session was organized by SCIFI centre for Deans/ Directors/ Principals of AKTU affiliated institutions at MDP Centre, IIM Lucknow on 26th April 2019. The objective of the session is to sensitize the audience on the issue of financial inclusion
Sensitization Workshop on
Financial Inclusion at
Integral University, Lucknow
SCIFI organised a sensitization
workshop on “Financial Inclusion” at
Integral University, Lucknow on 10th
April 2019 to foster financial inclusion
amongst faculty & students.
Article Writing Online
Contest: WrightRight for
students
SCIFI successfully conducted online “Article Writing Contest-WrightRight Write for Tomorrow” on 22nd July 2019. The objective of the competition was to stimulate interest and awareness in youth about social and financial challenges in India.
SCIFI start-up (FinanceKaart),
Mr. Ganga R. Gupta was
finalist under Financial
Inclusion category at India
Fintech Day 2019 of NASSCOM
FinanceKaart.com was the finalist at
NASSCOM India Fintech Day, 2019 for
India Fintech Awards under “Financial
Inclusion” category and also got
selected to be part of 12 best Fintech
start-ups at ITC Maratha, Mumbai on
29th August 2019.
Mr. Birendra Bisht
(Safehur), won 2nd prize
in UP Startup Conclave
2019
Four SCIFI- IIM Lucknow
Incubatee startups were
shortlisted for pitching at UP
Startup Conclave 2019, out of
388 applicants. Mr. Birendra
Bhist (Safehur) won the runners
up trophy awarded by Dr. Dinesh
Sharma, Deputy CM, UP; at the
award ceremony held on 14th
September 2019 at Indira Gandhi
Pratisthan, Lucknow.
IIM Luknow- SCIFI Activities in Financial Inclusion
UDHAAR, a Fintech
startup by Mr. Ravi Sethia
recognised as top 100
winner of “Elevate 2019”
SCIFI incubated start-up UDHAAR
of Mr. Ravi Sethia recognised as
among top 100 winners of Elevate
2019 at Startup Karnataka,
Bengaluru on 30th July 2019 and
received funding up to Rs. 50 lakhs
for proof of concept.
SIDBI Center for Innovations in Financial Inclusion (SCIFI)
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IIM Lucknow- SCIFI signed Memorandum of
Understanding (MoU) with Yes Bank Ltd.
under their Innovation program YES SCALE
SCIFI signed an MOU with YES Bank Ltd. under their
YES Scale initiative for start-ups to enable collaboration
for sharing of resources for supporting relevant start-ups
under their respective programs and partnering for start-
up programs/ events on 1st May 2019.
“CONNECTION 2019”- SCIFI Networking
cum Mentoring meet for Start-ups
IIM Lucknow - SCIFI organised a networking meet,
“Connection 2019” on 27th July 2019 at IIM Lucknow
campus where all stakeholders of SCIFI including
incubated start-ups, industry mentors, financial
institutions, investors and government representatives
were invited along with IIM Lucknow faculty mentors to
facilitate collaboration.
SIDBI Centre for Innovations in Financial Inclusion (SCIFI) Indian Institute of Management Lucknow
SCIFI Gyanodaya Building, Indian Institute of Management Lucknow, Off Sitapur Road, Lucknow -226013, INDIA
: 0522-6696010 (CEO) / 0522-6696390 (Manager) : [email protected] / [email protected]