The LendTechX 2024 is set to be an industry-defining event, designed to bring together pioneers, innovators, and thought leaders in the lending and financial technology (LendTech) sector. With a laser focus on Digital Lending, Payments, and the Latest Trends & Technologies, this conclave is poised to explore the rapidly evolving landscape of financial services.
India's financial sector is undergoing a digital transformation, with increased adoption of digital lending solutions and online payment platforms.
The fintech sector, including LendTech, has experienced a boom in India, fueled by a large population, rising smartphone penetration, and government initiatives promoting financial inclusion.
Regulatory bodies, such as the Reserve Bank of India (RBI), have introduced supportive policies and frameworks to encourage innovation in the financial technology sector.
India has seen the emergence of numerous LendTech startups offering a range of services, from peer-to-peer lending and digital wallets to personal loans and microfinance.
The widespread use of smartphones has enabled the delivery of financial services directly to consumers' fingertips, fostering the growth of mobile lending and payment solutions.
Initiatives like the Pradhan Mantri Jan Dhan Yojana and Aadhaar integration have contributed to financial inclusion, providing a conducive environment for LendTech growth.
The expanding middle class with increasing disposable income has led to a growing demand for diverse lending and payment options.
LendTech companies in India are increasingly leveraging data analytics and artificial intelligence for credit scoring, risk assessment, and fraud prevention.
CGMSIDBI
Director GeneralFIDC
Executive Director & CEOSa-Dhan
CEODLAI
ChairmanIDF Financial Services
MD & CEOAEGMA Capital
MD & CEONavachetana Microfin
MD & CEOPinke Capital
MD & CEOUC Inclusive Credit
MDAkasa Finance
CEOBusiness Correspondents Federation of India
MD & CEOPrest Loans
MDNABSAMRUDHI Finance
Founder & CEOMonexo
Co-founderAll Cloud
CEOBlockstack
CEOMufin Finance
CEOInvest Gold Finance
CEO & DirectorChoice Finserv
Founder and CEOEasiloan
CEO & FounderVivifi India finance
DirectorPerfect Finance
CISOBharat Bank
CISO Office Union Bank of India
CISO & DPOSK Finance
CISOKreditBee
CISOUjjivan Small Finance Bank
Co-Founder & DirectorDigimoney
Co-FounderUdhaar
Co-Founder & DirectorTechfino Capital
Founder & DirectorRadian Finserv
DirectorGrant Thorton
FounderSignDesk
Founder, EmpowerEdge Ventures Co Founder, India Blockchain Forum
Co-Founder & DirectorAkasa Finance
COOKinara Capital
COOFincare Small Finance Bank
Co-Founder & COODiamante Blockchain
Chief Product OfficerDvara KGFS
Chief Information and Digital OfficerToyota Financial Services
CIOMahindra Finance
CDO, CTO & COOAPAC Financial Services
CTOChaitanya India Fin Credit Pvt Ltd
AVP - EngineeringFlexiLoans
Dy CTOESAF Small Finance Bank
Sr. VP & CTOArt Housing Finance
PartnerGrant Thornton
Head Corporate Development & StrategyEvfin
Chief Risk OfficerLoanFront
Sr. Vice President Knight FinTech
Head - BFSI LeadSquared
Vice President – Enterprise wide solutions [CIO] Sakthi Finance Ltd.
While regulatory support exists, navigating complex regulatory requirements remains a challenge for many LendTech companies.
Assessing creditworthiness, especially for those without a traditional credit history, poses a challenge that many LendTech firms are working to address.
As digital transactions increase, the need for robust cybersecurity measures becomes crucial to protect sensitive financial information.
The growing number of LendTech startups in India intensifies competition, making it essential for companies to differentiate themselves through innovative offerings.
The LendTech market in India is expected to continue its growth trajectory, driven by technological advancements, changing consumer preferences, and regulatory support.
LendTech companies are likely to play a pivotal role in furthering financial inclusion, reaching underserved and unbanked populations.
Collaboration between traditional financial institutions and LendTech firms is expected to increase, fostering innovation and expanding service offerings.
Continued adoption of technologies like blockchain, machine learning, and digital identity solutions is expected to enhance the efficiency and security of LendTech operations.