Fintech Storm Comes to Mumbai this May to invigorate Banking & Financial Services in India

2024-04-18 11:21:00 Events / Trade Shows

1471

?A moment comes, which comes but rarely in history, when we step out from the old to the new, when an age ends, and when the soul of a nation, long suppressed, finds utterance? ? India?s First Prime Minister, Pandit Jawahar Lal Nehru

This is the startup era in India! India is now looking to its startups and young founders with a million hopes.

Mumbai, April 4, 2016: Fintech Storm Series is one of the key eco-system builders in the UK, having evangelised Fintech and its every vertical in London over the past two years by featuring over 100 disruptive founders. India Summit will bring to Mumbai the best-in-class practices from London, the Global Financial and the Fintech Capital with the most active investors, accelerators, innovation labs, incubators and a record number of disruptive startups.

While India?s robust and well-developed banking and financial services ecosystem has well withstood many a global shock, India's innovative startup breed has discovered new frontiers in banking, payments, peer to peer funding, and microfinance. The potential market yet to be tapped by the new-age finance is significant and may out-shadow many well developed western countries, and rightly warrants the attention of global Digital Banking & Payments, Financial technology firms.

Whilst India is adaptive and able to apply offshore technology to its unique problems and new uses, many financial sector inventions such as the Blockchain still beg to be adopted by Indian banks and entrepreneurs ? to unleash the technology?s disruptive potential. Blockchain is being touted by futurists as the second most revolutionary disruption we can witness after the internet, and close to a billion dollars has already been invested in nascent applications. Wall Street titans to mighty intellectual forces are taking a keen interest! Fintech is brining global Blockchain know-how to India for the first time at Fintech Storm India summit 2016.

Fintech Storm, the spectacular success story from London in building the fintech & payments ecosystem, is coming to Mumbai this summer. In a pioneering initiative to bring together the CEOs of banks, payments & fintech companies, RBI, and policy making bodies for ideas and networking, the first of Fintech Storm India Summit Series in Mumbai will take place on 12-13th May 2016 9:00am to 6:00pm at St Regis Mumbai.
Fintech Storm has embarked on this ambitious mission of catalysing innovation in sectors such as Banking, Payments and financial services in India ? and every epic journey starts with one small step! That step was taken last December in Delhi with the gracious support of Shri Nitin Gadkari Ji, the inspired star performer of Indian Government who addressed Fintech Storm?s inaugural Europe-India Conclave. See video from Delhi Dec 2015 here.
http://youtu.be/dOelrftRq-k

India is open to business and keen to meet the best and the brightest. So, incisive minds will gather to the Fintech Storm ?India Summit ?in the hope of setting off some sparks! At India Financial Forum on 12th May, there will be inspiring stories to be heard, thought-provoking meetings will put many on the slope perhaps to their inflection points.

Ideate, Emulate, Debate
Chaired by path breaking CEOs, disruptive founders and senior journalists, Fintech Storm India Summit is conceptualised to connect incisive minds across frontiers, enabling unique conversations amongst unlikely allies, weave threads through disparate ideas from varied fields, to pause your thinking rhythm from daily clockwork and to set you free on a kaleidoscopic ride, much like the amphibian ride Nitin ji promises on Indian rivers soon; to satiate your curiosity, to fuel your ambition, to unleash the yearning genius in you; to stir debate, to inspire and to transform. Over 500 Indian industry leaders, policy makers, regulators and experts are gathering in Mumbai over 2 days at the Fintech Storm Summit 2016 to learn how banks and other traditional players should be navigating this transformed landscape.

Then on Friday 13 May, there is a chance to discover a wide array of investing opportunities (not just limited to Fintech but a range of hot sectors like edu tech, ecommerce, health tech, retail etc) and the entire range of funding options available to companies of all scale and stage - at the first of its kind " India funding enclave". In attendance will be investment firms from VCs to PE. Angels and VCs : Vishal Mehta, Lok Capital, Sahil Kini, Aspada Investments, Rajat Agrawal, Matrix Partners and Indian Angel Network to name a few. On the debt side: Commercial Banks, Lenders, NBFCs, SME Finance entities and online lending and crowdfunding platforms such as Aditya Birla Finance, Religare Finvest, Yes Bank. Selected start-ups with great prospects will be pitching to our jury, but there will also be opportunities for budding founders to mingle investors. If you have a startup idea and don't know where to start, this is a place to get started.

At "Startup Swayamvar", SMEs and startups pick their choice of investors. Some investors will discover hidden gems of startups. Some deserving founders will meet those with the purses to catapult them to success. Like when Kunal Bahl met Ratan Tata! Some will find their ideal co-working space like Innov8! Some enterprising bystanders will take that leap of faith into the deep seas of adventurism. Some will be inspired by technology, some by oratory, and some by vision in splendid display; Some will simply take a break from their monotonous jobs and step on to the paved paths to glory, or gaze at views of the tantalising horizon afforded by the grand St Regis terrace. We will keep a keen eye on the menu, both gastronomic and cerebral, for the gourmets to relish a feast for the mind and senses in exquisite company!

FinTech Storm will provide entrepreneurs with a platform to generate ideas, investors to invest and start-ups to find the right type of investment. Fundamental shifts in mind-set will occur as thought leadership will be in splendid display to help traditional institutions change their methods to tackle problems and governments to conceptualise futuristic institutions and create social infrastructure for the new digital world to flourish.

Blockchain Symposium:
Prof Marc Pilkington and Arifa Khan, avid Blockchain researchers, will chair the workshop to explore how India can leverage the distributed technology to solve problems such as financial inclusion, micro payments, voting, subsidy distribution, asset monitoring etc. Blockchain companies experimenting with use cases for banks will attend.

USAID will explain the progress on financial inclusion and mobile payment adoption. CRISIL will share their research on BFSI and Fintech. A veritable springboard for ideation. There will also be debate by the regulator RBI on the risk of fast growing segments such as online lending and we hope, their take on untested Fintech like virtual currency.

For more information, visit: http://fintechstormindia.com and http://fintechstorm.com/mumbai-2016

Media Contact
Genius Incubator Ltd
Arifa Khan, Managing Director
Location: London
Tel: 44-7920030807
Email: arifa.khan@geniusincubator.com
URL: http://fintechstorm.com/mumbai-2016
http://fintechstormindia.com