Stated to be the third largest fintech ecosystem globally, India has over 2,500 fintech firms with a valuation of US$50-60bn in FY20. The industry was expected to create US$100 Bn value over next five years. Valuation expectations notwithstanding, Sagacia is excited about the accessibility bridge to the less bankable being created by the Indian fintech revolution. We believe that the harnessing the combined power of digital payments, lending, insurance and savings technologies to deliver effective micro-solutions is key for our focus sectors.
