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 in the financial sector including UPI and digital payments. UPI recorded 14.03 billion transactions in May 2024, while daily UPI transactions are poised to touch 1 billion per day.
Even in terms of funding, Indian FinTech companies were the second most funded startup sector in 2020. Furthermore, India’s Fintech adoption stands at 87% against a global average of 64%. Given this dynamic landscape, it’s no surprise that the Global Fintech Fest (GFF) 2024 has become one of the most eagerly anticipated events in the industry.
The Global FinTech Fest is the annual FinTech event that hosts all the stakeholders of the FinTech ecosystem. This year, GFF will be held from August 28 to 30 at the Jio World Convention Centre. Organized by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the FinTech Convergence Council (FCC), the largest global FinTech event will focus on ‘Blueprint for the Next Decade of Finance: Responsible AI | Inclusive | Resilient’.
GFF ‘24 will ‘assemble the leading minds in global FinTech’, as per its chairman Kris Gopalakrishnan. The event will see the largest cohort of FinTech leaders collaborating, networking and sharing their ideas.
Below we discuss the top 7 reasons why GFF 24 is a must-attend conference for innovators, tech leaders and finance heads.
Top 7 Reasons to Attend Global FinTech Fest 2024
- Largest Congregation of Leaders: GFF will see more than 800 speakers from different sections of the FinTech ecosystem. You will have policymakers, regulators, senior bankers and industry leaders expressing their viewpoints, making predictions, and doling out unique insights into the future of FinTech.
- Opportunity to Gain Global Perspective: What is touted as the largest FinTech conference globally will have participants from more than 100 countries. It is poised to be the melting pot of the FinTech ecosystem with stakeholders discussing international trends, opportunities and challenges.
- Preview of Policy or Regulation Changes: GFF 2024 will have Union Minister Ashwini Vaishnaw, Reserve Bank of India (RBI) Governor Shaktikant Das, SEBI chairperson Madhabi Puri Buch and Ministry of External Affairs (MEA) Secretary Dammu Ravi as its chief speakers. It makes the event a perfect opportunity to understand government expectations, frameworks and regulatory trends for the FinTech ecosystem.
- Showcase Your FinTech Innovations: There can hardly be a better opportunity than Global FinTech Fest 2024 to present your FinTech innovation. With leaders from the international FinTech ecosystem congregating to get a sneak peek into the next decade of the industry, your product or solution could just be the answer they are looking for. If nothing else, you will get a pulse of what your potential customers want.
- Leverage Investment Opportunities: As an innovator, the FinTech Fest 2024 will be an ideal opportunity for you to raise funds for your venture. The fest has a dedicated segment called ‘ Investment Pitches’ where innovators can show their solutions to a global audience and move them for an investment. The organizing committee has announced that one of the aims of the conference is to promote innovations and highlight deep-tech advancements.
- Bringing Your Brand into Spotlight: The Global FinTech Fest also hosts the Global FinTech Awards where exceptional initiatives and contributions in the FinTech ecosystem will be recognized. With three award categories, the event has been celebrating innovative startups and firms for the last three years. Although winning may be the ultimate goal, even being nominated can significantly boost your company’s profile. If it is too late for you to participate, you can always attend the event and understand what your fellow FinTech innovators are up to.
- Host of Insightful & Informative Events: On the sidelines of the Global FinTech Fest 2024, the participants will have a range of events and activities to attend. From roundtable discussions to hackathons and other workshops, the fest will provide hands-on learning experiences and the opportunity to collaborate with other fintech professionals, fostering innovation and skill development.
Spanning over 3 days, the Global Fintech Fest 2024 will have 11 stages to accommodate over 350 sessions and feature more than 800 speakers. If you are an innovator, make sure you attend the largest FinTech thought leadership conference in the world.