India’s Finance Minister to be Chief Guest at World’s Largest FinTech Fest
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)
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