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India became destination for fintech investments for Payments companies

March 05, 2020

India became destination for fintech investments for Payments companies

India has become the destination for fintech investments for payment companies. Investments in India has already increased rapidly in last year. Payment business were the most to fund in India.

Number of deals increased slightly in the last year. The majority funding was done in the payments start-ups which was around 58%.

Akash Gehani, co-founder, financial services start-up Instamojo said, “The reason behind payments companies are investing in India is because most of the solutions are India rooted”.

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