CHANDIGARH, MARCH 7: Broadening the resource base of our financial system by developing a culture of savings among large segments of rural population is going to serve as a vehicle to drive innovation in India’s Financial Technology (FINTECH) landscape.
There is a big opportunity waiting to happen in the FINTECH arena and that could be expanding the financial access-net to our citizens living beyond big cities, he said adding that he hoped for easing of regulatory compliance for the Financial sector.
The views are expressed by MobiKwik co-founder and CEO Bipin Preet Singh here on Friday during a discussion held as part of TIECON 2025. Session was moderated by General Secretary TIE Chandigarh Brahm Alreja.
TiECON Chandigarh is the brainchild of leading entrepreneurs and thinkers to provide a thriving ecosystem to budding and aspiring entrepreneurs through mentoring, networking, education, incubation and funding. The 10th edition of TiECON Chandigarh is taking place in the Hyatt Regency here.
“There is a difference in being aiming for less cash economy than the target of achieving a Cashless economy, he remarked on being nudged to respond about the practicality of the latter.
Founded in 2009, MobiKwik has seen considerable success which has not been without challenges too. “When we started in 2009, we faced challenges which we endured to be where we are today, he said adding that if he had to recreate the company from scratch today he would talk to more number of people than what he did in 2009.
“I am an engineer and like any engineer I am an introvert. Back then, I did not use to mingle with people much, which if I start a venture today i would do that certainly to have a broader canvas of views and perspectives, he added.
On being asked to bet on one between UPI and Wallet, he said he has a soft corner towards wallet but he advocates use of both.
