Specialist
Akshat Pathak is a Senior Manager in the Digital Financial Services domain of MSC India, focused in Payments and Distribution. He has over nine years of experience in the financial services sector spanning across public financial management, small and medium enterprises banking, digital financial services and alternate delivery channels, fintechs, and microfinance domains.
LMI client impressions from Bangladesh and Vietnam
Various socio-economic dimensions drive the financial needs, aspirations, and behaviors of low- and moderate-income (LMI) customers. Customers from Bangladesh and Vietnam, through these snippets, describe their challenges and how the i3 Program helped them overcome these challenges.
Dec 1, 2020
Dec 1, 2020
Enabling the community to overcome the pandemic through digital payments
During the pandemic, Duong Thi Thuy, a mobile money agent in the Quang Ninh province, improvised her business to help her community follow the guidelines on social distancing and government norms. This is her story about the adoption of DFS and how it changed her life.
Dec 1, 2020
Impact of COVID-19 on FinTechs
How has the pandemic affected Indian FinTechs? What measures have the policymakers taken? Are these measures impactful for FinTechs? What are the investor sentiments for this sector? This report, the first in a series of ongoing Covid-19 research on Indian FinTechs and the Indian FinTech ecosystem by MSC, answers these questions in the current market’s context.
Aug 5, 2020
Devraj Hom Roy, Anshul Saxena, Akshat Pathak, Shweta Menon and Pritam Patro
Aug 5, 2020
Devraj Hom Roy, Anshul Saxena, Akshat Pathak, Shweta Menon and Pritam Patro
Analysis of India’s payment system indicators in Q2 2020
The COVID-19 pandemic pushed many users to adopt digital payments as they seek convenience and safety. MSC’s analysis of five categories of payment systems indicators in India indicates that these systems are dependable, durable, and command the mass market’s confidence.
Aug 4, 2020
Aug 4, 2020
COVID-19: A harbinger of consumer behavior shifts among FinTech users
The blog analyzes the impact of the COVID-19 on two major categories of FinTechs—credit and savings FinTechs. We analyze the immediate impact of the pandemic and the ensuing regulatory changes on FinTechs along with some long-term changes in consumer behavior that can have a systemic adverse impact. We close by recommending data-driven measures that credit and savings FinTechs should take today to control and arrest such adverse changes in consumer behavior.
Jul 20, 2020
Jul 20, 2020
Weathering a Perfect Storm – Part 2: Seven Ways Fintechs Can Survive the COVID-19 Pandemic
This blog covers the diverse strategies of FinTechs both big and small to adapt to the situation and overcome the challenges brought forth by the pandemic.
Jun 2, 2020
Jun 2, 2020
Weathering a Perfect Storm – Part 1: The Challenges Facing Fintechs in Emerging Markets During COVID-19
This blog covers the challenges and opportunities born from the COVID-19 pandemic, for both small and established FinTechs, particularly in the emerging markets. It sets the stage for part two, where we discuss how these FinTechs face these unprecedented challenges.
Jun 2, 2020