India's fintech sector is projected to grow at a 31 percent compound annual growth rate over the next four years, according to a report released Wednesday by KPMG India. The report highlights a shift from rapid growth to a phase focused on resilience, governance, and profitable scale, supported by robust digital infrastructure like UPI, Aadhaar, and the Account Aggregator framework.
In the first half of 2025, 60 percent of fintech funding was directed toward lending and payments, signaling investor confidence in stable sub-sectors. Deal activity rebounded in H1 2025, with 12 deals over $50 million, compared to just one in H1 2024.
KPMG India’s Akhilesh Tuteja and Sanjay Doshi emphasized the need for innovation paired with governance, resilience, and talent to build a scalable, customer-centric future for India's fintech sector.
In the first half of 2025, 60 percent of fintech funding was directed toward lending and payments, signaling investor confidence in stable sub-sectors. Deal activity rebounded in H1 2025, with 12 deals over $50 million, compared to just one in H1 2024.
KPMG India’s Akhilesh Tuteja and Sanjay Doshi emphasized the need for innovation paired with governance, resilience, and talent to build a scalable, customer-centric future for India's fintech sector.
