Indian businesses today are growing beyond the traditional borders, all thanks to the FinTech revolution. However, there is still one pain point that businesses with global reach struggle with – international payments. For companies expanding in the overseas market, it is essential to understand how forex transactions work. Only when businesses get a grip on…
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Global FinTech Fest 2024: A Must-Attend Event for Innovators
The Indian FinTech ecosystem has seen unprecedented growth over the last few years. The trend is expected to continue with FinTech revenues growing at a rate of over 35% to $190 BN by 2030, as per Boston Consulting Group’s report ‘The State of Fintech Union 2023’. India as a whole has witnessed some revolutionary steps…
How FinTech is Revolutionizing Risk Management Strategies for CFOs
The FinTech revolution has redefined the way companies of all sizes operate today. CFOs and financial leaders are taking more active roles in risk management activities. A report by Deloitte disclosed that for over 45% of CFOs, audits and compliance are direct reportees. It only goes on to stress the significance of risk management strategies…
Automation In FinTech: How It Enhances Data Security And Fraud Control
AI has penetrated enterprise FinTech solutions over the last few years. A whopping 59% of the organizations surveyed by PwC claimed they prioritize investments in cloud and AI technologies. The aggressive focus of top FinTech companies in India on AI is owed to increasing customer demand for secure and seamless unification of physical and digital…
How Indian FinTech companies are solving cost control in the face of rapid scaling
The Indian FinTech market is all set to record 10x growth achieving $200 Bn in revenues, as per an EY study. This growth stems from an accelerated push for digital adoption in the financial sector. India exclusively has seen a trifecta of government facilitation of a digital economy, technological advancement in terms of computing power,…
The Role FinTech Companies Play In Democratizing Approval Processes Within Organizations
India has seen a revolutionary growth of FinTech companies over the last few years. The stringent and traditional financial ecosystem worked as a catalyst for the FinTech boom. The country is home to a whopping 6000+ FinTech companies, while the industry is valued at $30 Bn, as per a PwC report. The growth story of…
Streamlining SME Spending: A Closer Look At Zaggle And How It Revolutionizes Spend Management
Traditionally, for small businesses and SMEs implementing technology to improve financial management efficiency was a distant dream. Most solutions available in the market were both expensive and built for enterprises. However, FinTech companies are changing the status quo through their innovative solutions. One such innovation has been in the spend management space. For far too…
Centralized Control Over Expenditures: The Key To Streamlined Financial Management For Startups
A whopping 38% of startups fail because they run out of cash to run the business, according to a CBInsights report. This is a warning bell for businesses with inefficient financial management. The longevity and sustainability hinge as much on the proper handling of accounts as they do on consistent revenue. Yet business owners make…
From Traditional Banking To FinTech Integration: A Roadmap For C-Suite Executives
FinTech companies in India have been making significant strides in revolutionizing businesses. India is the third largest FinTech market in the world and is projected to score $200 Bn in revenues over the next decade, as per an EY report. These FinTech companies are now an integral part of the economy within the financial services…