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FCC & NPCI to Host World’s Largest Virtual Global Fintech Fest

FCC & NPCI to Host World's Largest Virtual Global Fintech Fest

To bring together global fintech and BFSI ecosystems, the Fintech Convergence Council (FCC) the flagship committee of Internet & Mobile Association of India (IAMAI) along with National Payments Corporation of India (NPCI), will host the Global Fintech Fest (GFF), a first-of-its-kind international virtual fintech event.

GFF is presented by the Department of Economic Affairs (DEA), Ministry of Finance, Government of India and the Reserve Bank of India (RBI).

The two day event themed ‘Fintech: With and Beyond COVID’ is scheduled for 22-23 July 2020. GFF is also supported by the World Bank and the United Nations Capital Development Fund (UNCDF).

Read More: Bank Of The Future: How Banks And Fintechs Are This Decade’s Unlikely Duo

Naveen Surya, Chairman, FCC said, “The bank and fintech ecosystem has the potential to act as ‘agents of change’ for the economy in the post-COVID-19 world. With more than 2000 fintech startups as we speak, India today stands tall as the world’s second biggest fintech hub which puts a lot of onus on us to drive this growth momentum. GFF is our endeavour to bring all stakeholders together to discuss the challenges and opportunities for the BFSI and fintech sector globally whilst sharing ideas on fuelling sectoral growth through collaboration.”

Dilip Asbe, Managing Director and CEO, NPCI said, “The contribution of fintech start-ups in digitalizing the economy is important and hence NPCI wants to act as a catalyst for bridging the gap between the established financial entities and the start-ups. By encouraging open discussion among start-ups and established entities we hope that it will lead to collaborations benefiting the nation.

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