Lending, Payments, Neobanking reached Rs 68T FinTech market in FY24, reveals Report

India’s FinTech sector surged to INR 68 trillion in FY24, with Lending Tech (INR 34T) driven by alternative credit models, Payments Tech (INR 29T) fueled by the rise of digital payments, and Neo-Banking (INR 5.6T) expanding through mobile-first solutions, according to a report by 1Lattice.