Councilor Vincent Keaveny, Lord Mayor, City of London
MUMBAI, India, 22 September 2022 /PRNewswire/ — In his keynote speech at Global Fintech Fest 2022 (GFF 2022) in Mumbai Today, Councillor Vincent KeavenyThe Rt Hon. The Lord Mayor, City of London, emphasized the need for greater cooperation between India and the UK for a thriving fintech ecosystem in both countries.
“The City of London Corporation is committed to deepening the terms between the businesses of London and India. With our combined expertise, the UK and Indian financial sectors continue to drive growth and prosperity in our respective countries. The UK currently holds the top spot as Europe’s fintech hub. Indiahowever, is on the verge of becoming Asia’s top fintech hub with the highest adoption of fintech products and the emergence of many unicorns. Thus, fintech will play an important role in building a sustainable future for everyone,” said mr. Keaveny.
India has been one of the most important markets for UK-based fintech firms. Talking about the country’s fintech opportunity and the upcoming free trade agreement, Mr Keaveny said: “The free trade agreement will pave the way for significantly stronger business relations between the two countries.”
The Lord Mayor referred to the UK-India Vision 2030 as the bridge between these two powerhouses in the global fintech landscape. “The UK-India 2030 vision is the roadmap to revitalize a dynamic connection between our people, trade and investment and technology collaboration,” he said.
Organized and presented by the Department of Economics, Ministry of Finance, Government of IndiaReserve Bank of IndiaInternational Financial Services Centers Authority (IFSCA), National Payments Council of Indiapayment council i India (PCI) and the Fintech Convergence Council (FCC), GFF 2022 will be held between 20 and 22 September 2022 at the Jio World Convention Center in Mumbai. The festivities before the event began, so to speak 19 September 2022. This is the third edition of the Global Fintech Fest, and the first where domain experts are participating from around the world in person and virtually.
GFF 2022 is supported by the Unique Identification Authority to India (UIDAI), National Investment Promotion & Facilitation Agency (Invest India), Startup India, Reserve Bank Innovation Hub (RBIH) and ONDC. Special partners of GFF 2022 are the World Bank Group, United Nations Capital Development Fund, BIS Innovation Hub, KNOMAD, Better Than Cash Alliance and International Finance Corporation (IFC).
SOURCE Global Fintech Fest
