Indian fintech to have $1 tn in AUM, $200 bn revenue by 2030: Report

Fintech-facilitated lending will grow by $476 billion to reach $514.6 billion in book size by 2030

Indian fintech will grow tenfold to have $1 trillion in assets under management (AUM) and $200 billion in revenue by 2030, said a report on Tuesday.

The digital lending market, with a $515 billion book size by 2030, will shape much of this growth, said the report called ‘$1 Tn India FinTech Opportunity’ released by Chiratae Ventures in collaboration with Ernst and Young (EY).

India had 21 fintech unicorns (a company valued at $1 billion or more) as of March 2022. A collaborative ecosystem is driving fintech growth, which is supported by government initiatives like Digital India, Smart City, and