PR91943

NEW DELHI, September 27, 2021 /PRNewswire=KYODO JBN/ -

    India’s Finance Minister Smt Nirmala Sitharaman will be the Chief Guest at

the World’s Largest Virtual FinTech Fest -- Global FinTech Fest (GFF

[https://globalfintechfest.com/register]), scheduled for 28- 30 September. Shri

Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public

Distribution and Textiles, Government of India, will address the Valedictory

Session on 30th September. The event is presented by the Ministry of

Electronics and Information Technology, Government of India, and organised by

National Payments Corporation of India (NPCI [https://www.npci.org.in/]) and

Fintech Convergence Council (FCC [https://www.fintechcouncil.in/]) of Internet

and Mobile Association of India (IAMAI [https://www.iamai.in/]). The World Bank

and United Nations Capital Development Fund (UNCDF) are the institutional

partners of the summit. It is expected to see 20,000 delegates from over 3,500

unique companies and over 115 countries. About 300 global speakers from 35

nations will share their perspectives on various facets of fintech.

    Global leaders from IMF, The World Bank, UNCDF, including India’s key

policy makers, will converge at the Fest.

    Shri Rajeev Chandrasekhar, Minister of State in the Ministry of Skill

Development and Entrepreneurship; and Ministry of Electronics and Information

Technology, Government of India; Tobias Adrian, Financial Counsellor and

Director Monetary and Capital Markets Department, International Monetary Fund;

Lord Mayor William Russell; City of London; Sopnendu Mohanty, Chief Fintech

Officer, Monetary Authority of Singapore; Dr Oliver Prill, CEO, Tide; Pia Roman

Tayag, Director, Office of the UNSGSA; Matthias Kroner, Co-Founder and Managing

Director, Tradelite Solutions GmbH; Preeti Sinha, Executive Secretary, United

Nations Capital Development Fund; are some of the key speakers at the summit.

   Among the global companies, representatives of Google, Facebook, Amazon Pay,

are participating in the Fest that will discuss how globally the economies are

being re-shaped by fintech adoption.

    Over the past few years, India’s fintech sector has emerged as one of the

world's most active fintech markets. A market where startups, BigTechs,

incumbents, and large conglomerates are vying to get a piece off. In the last

one year, the sector has clocked the highest VC funding in the APAC region. The

current year has seen over 16 unicorns in India where 1 in 4 unicorns were from

the fintech domain.

    Photo: https://mma.prnewswire.com/media/1635977/IAMAI.jpg

    Logo: https://mma.prnewswire.com/media/1629838/GFF_Logo.jpg

    Source: Internet and Mobile Association of India (IAMAI)