Dilip Modi, Founder & CEO of Spice Money
“As we celebrate National Fintech Day, it is important to reflect on how far India has come in reshaping its financial landscape. Over the past decade, fintech has grown into one of the strongest pillars of our economy, enabling millions of citizens, especially in semi-urban and rural regions, to access banking, payments, credit, and insurance with ease.
What was once a challenge of physical access has now become a story of digital empowerment. Platforms such as UPI, Bharat Connect, AePS have built a truly inclusive foundation, allowing even the smallest entrepreneur in rural Bharat to transact, save, and grow with dignity. Fintech has not only removed the friction of transactions but has also democratized opportunities that were once limited to urban India.
At Spice Money, we see this transformation every day through our Adhikari network, which is bringing financial services directly to the doorsteps of villages and small towns. As we look ahead, we believe the next wave of impact will come from AI for Rural (AIR). By combining fintech with the power of artificial intelligence, we can enable smarter credit decisions, personalized financial advice, and enhanced last-mile service delivery, ensuring that rural citizens are not just connected, but truly empowered.
On this National Fintech Day, I strongly believe fintech, strengthened by AIR, will continue to drive India’s journey towards becoming a truly inclusive and digitally powered economy.”
Rahul Pagidipati, CEO, ZebPay
“India’s fintech story has continued to strengthen, with the country securing the third spot globally in fintech funding, as highlighted by a Tracxn report, underscoring the resilience of India’s fintech ecosystem. This strength is being driven by expanding digital infrastructure and increasing consumer trust, paving the way for deeper financial inclusion across the country.
The sector has been accelerating the adoption of transformative technologies like AI and blockchain as well, which are reshaping how financial services are delivered. Innovations in payments, from UPI’s growing global footprint to the entry of conversational and social payments, are driving unparalleled convenience. At the same time, wealth management and investment platforms are empowering first-time investors from Tier 2 and Tier 3 cities, broadening participation in the financial ecosystem. These advances are not only making financial services more efficient but also truly democratising access, ensuring that millions of Indians, regardless of geography or income, can participate in the digital economy.
As we celebrate National Fintech Day, it is a reminder that collaboration between innovators, regulators, and financial institutions is key to building a secure, inclusive, and future-ready fintech ecosystem, one that will continue to fuel India’s journey as a global leader in digital finance.”
