India has the greatest adoption rate of fintech in the world, at 87%, which is much higher than the global average of 64%. One of the world’s Fintech markets with the quickest growth rates is India. In India, there are currently more than 2,000 DPIIT-recognized Financial Technology (FinTech) businesses, and this number is rapidly increasing. Payments, Lending, Wealth Technology (Wealth Tech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RecTech), and many other subsegments make up the Indian Fintech business ecosystem.
The number of UPI transactions in semi-urban and rural India increased by 650%. In 2022, there would be an increase in aided financial transactions across semi-urban and rural retail counters in the country of around 25% and 14% in value and volume, respectively.
LUDO encompasses more than just sales support services. Our financial services division, LUDO monetary, oversees the Financial Technology Industry by giving start-ups and established companies the necessary monetary patronage. We offer improved and mechanised financial services that open the door for growth and innovation.