Fintech Startups: Evolutionary Trends and Disruptive Forces in the Indian Financial Ecosystem

Malika Pahwa, Shipra Agarwal, Varnika Dhyani, Tanya Rawal, Medhavi Vishnoi, Riya Sharma

2025

Abstract

Fintech, in simple words, is all about integrating advanced technology with the financial industry for better, more modernized financial services. This encompasses a number of sectors, including banking, investment, insurance, and payment systems. In India, the rise of fintech startups has been remarkable, triggered by rapid technological changes, friendly government policies, and a young, tech-oriented population. These startups pioneered digital payments, peer-to-peer lending platforms, and robo-advisory services—the effects of which have actually transformed the face of financial services. This phenomenon was studied for its impact on traditional financial intermediaries and the wider financial system by secondary data analysis supported with qualitative research methods, whereby a probe into the profound implications of fintech was found. The findings showed that while disrupting the financial sector, fintech startups in India were also advancing it. While compelling conventional banks to adapt digital solutions, on the other side, they were also promoting financial inclusion by making financial services reach a larger population. The fintech ecosystem of India is very dynamic, courtesy of government initiatives and growing collaborations with traditional financial institutions. This synergy will go a long way in helping India retain its leading position in the fintech arena globally. As fintech continues to evolve, it holds great promise for the future, both in India and worldwide.

Paper Citation

in Harvard Style

Pahwa M., Agarwal S., Dhyani V., Rawal T., Vishnoi M. and Sharma R. (2025). Fintech Startups: Evolutionary Trends and Disruptive Forces in the Indian Financial Ecosystem. In Proceedings of the 3rd International Conference on Futuristic Technology - Volume 2: INCOFT; ISBN 978-989-758-763-4, SciTePress, pages 560-567. DOI: 10.5220/0013596800004664

in Bibtex Style

@conference{incoft25,
author={Malika Pahwa and Shipra Agarwal and Varnika Dhyani and Tanya Rawal and Medhavi Vishnoi and Riya Sharma},
title={Fintech Startups: Evolutionary Trends and Disruptive Forces in the Indian Financial Ecosystem},
booktitle={Proceedings of the 3rd International Conference on Futuristic Technology - Volume 2: INCOFT},
year={2025},
pages={560-567},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013596800004664},
isbn={978-989-758-763-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 3rd International Conference on Futuristic Technology - Volume 2: INCOFT
TI - Fintech Startups: Evolutionary Trends and Disruptive Forces in the Indian Financial Ecosystem
SN - 978-989-758-763-4
AU - Pahwa M.
AU - Agarwal S.
AU - Dhyani V.
AU - Rawal T.
AU - Vishnoi M.
AU - Sharma R.
PY - 2025
SP - 560
EP - 567
DO - 10.5220/0013596800004664
PB - SciTePress