This blog covers the definition of the LMI segments, the fintech landscape in India, and the challenges that prevent various players like fintechs, incumbents, and investors from catering to these segments.

The current landscape suggests a growing influence of fintechs in India. However, growth and investments have primarily confined in the payments and credit domains, and in a few metro cities.

Given the government’s push towards a cashless economy by 2020, we may expect technology-driven and innovative solutions to emerge in Vietnam through active collaborations between fintechs and incumbent financial service providers.

Fintech players in Bangladesh, primarily led by the MFS players, have a huge potential to address the key constraints that hold back financial inclusion and to facilitate the integration of underserved segments into the formal financial services sector.

MicroSave has been working with NPCI and leading public sector banks to create a less-cash ecosystem in select villages across the country. This note captures the concluding part of the journey.

MicroSave has been working with NPCI and leading Public Sector Banks to create a less-cash ecosystem in select villages across the country. This highlights the lessons learnt during the intervention and highlights the key steps involved.

This NPCI initiative brings insights on the digital transformation journey that the organization has undertaken to enable panchayats across the country, and encourage active and sustaining village level participation.

This case-study will provide you a sneak-peek to the journey of the creation of the first “cashless” panchayat in Odisha.