From payments to wealth: Where is India's fintech story headed next?
If the last decade of Indian fintech belonged to payments, the next one could well belong to wealth. UPI made moving money instant and free. Digital lending turned access to credit into an afternoon on a phone. These solved the hardest, least glamorous work of inclusion. But the frontier has now shifted to the harder question that sits just after money lands in an account: what do you do with it? For most Indians, that question is still unanswered.
Via YourStory
Why the demand for wealth is exploding now
Four forces are compounding at once, and together they turn wealth planning from a choice into a compulsion for the Indian middle class.
We are living longer, so savings must last decades more than our parents’ did. There is no government pension at the end of it. This is the first generation deciding that it won't depend on its children. And incomes are rising fast, leaving more people with surplus but no…
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