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Contributor: PR Newswire Europe
Tuesday, September 28 2021 - 01:47
AsiaNet
India’s Finance Minister to be Chief Guest at World’s Largest FinTech Fest
NEW DELHI, September 27, 2021 /PRNewswire-AsiaNet/ -

    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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