• 04-Apr-2016

Fintech Storm Comes to Mumbai This May to Invigorate Banking & Financial Services in India

MUMBAI, April 4, 2016 /PRNewswire/ --

Fintech Storm Series is one of the key eco-system builders in UK, having evangelised Fintech and its every vertical in London over the past two years by featuring over 100 disruptive founders. The India Summit will bring to Mumbai the best-in-class practices from London, the global financial and the Fintech Capital with the most-active investors, accelerators, innovation labs, incubators and a record number of disruptive startups.

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While India's robust and well-developed banking and financial services ecosystem has well withstood many a global shock, India's innovative startup breed has discovered new frontiers in banking, payments, peer-to-peer funding, and microfinance. The potential market yet to be tapped by new age finance is significant and may out-shadow many well-developed western countries, and rightly warrants the attention of global digital banking & payments, financial technology firms.

Whilst India is adaptive and able to apply offshore technology to its unique problems and new uses, many financial sector inventions such as the Blockchain still beg to be adopted by Indian banks and entrepreneurs - to unleash the technology's disruptive potential. Blockchain is being touted by futurists as the second-most revolutionary disruption we can witness after the Internet, and close to a billion dollars has already been invested in nascent applications. We are brining global Blockchain know-how to India for the first time at Fintech Storm India summit.

In a pioneering initiative to bring together the CEOs of banks, payments & finance technology companies, RBI, and policy making bodies for ideas and networking, the first of Fintech Storm India Summit Series will be held in Mumbai on 12-13th May 2016, 9:00 AM to 6:00 PM at St. Regis Mumbai.

Last December in Delhi, Fintech Storm with the gracious support of Shri Nitin Gadkari Ji, Fintech Storm inaugurated Europe-India Conclave. See video from Delhi Dec 2015 here.

Ideate, Emulate, Debate 

Chaired by path breaking CEOs, disruptive founders and senior journalists, Fintech Storm India Summit is conceptualised to connect incisive minds across frontiers. Over 500 Indian industry leaders, policy makers, regulators and experts are gathering in Mumbai over 2 days at the Fintech Storm Summit 2016 to learn how banks and other traditional players should be navigating this transformed landscape.

Then on Friday 13 May, a chance to discover a wide array of investing opportunities (not just limited to Fintech but a range of hot sectors like edu tech, ecommerce, health tech, retail etc) and the entire range of funding options available to companies of all scale and stage - at the first-of-its-kind 'India funding enclave'. In attendance will be investment firms from VCs to PE. Angels and VCs: Vishal Mehta, Lok Capital, Sahil Kini, Aspada Investments, Rajat Agrawal, Matrix Partners and Indian Angel Network to name a few. On the debt side: Commercial Banks, Lenders, NBFCs, SME Finance entities and online lending and crowdfunding platforms such as Aditya Birla Finance, Religare Finvest, Yes Bank. Selected start-ups with great prospects will be pitching to our jury, but there will also be opportunities for budding founders to mingle with investors. If you have a startup idea and don't know where to start, this is a place to get started. 

At 'Startup Swayamvar', SMEs and startups pick their choice of investors. Some investors will discover hidden gems of startups. Some deserving founders will meet those with the purses to catapult them to success. FinTech Storm will provide entrepreneurs a platform to generate ideas, investors to invest and start-ups to find the right type of investment. Fundamental shifts in mind-set will occur as thought leadership will be in splendid display to help traditional institutions change their methods to tackle problems and governments to conceptualise futuristic institutions and create social infrastructure for the new digital world to flourish.

Blockchain Symposium

Prof. Marc Pilkington and Arifa Khan, avid Blockchain researchers will chair the workshop, to explore how India can leverage the distributed technology to solve problems such as financial inclusion, micro payments, voting, subsidy distribution, asset monitoring etc. Blockchain companies experimenting with use cases for banks will attend.

USAID will explain the progress on financial inclusion and mobile payment adoption. CRISIL will share their research on BFSI and Fintech. A veritable springboard for ideation there will also be debate by the regulator RBI on the risk of fast growing segments such as online lending and we hope, their take on untested Fintech like virtual currency.

Fintech Storm India Summit 12-13 May 2016

Venue: Hotel St Regis, 462 Senapati Bapat Marg, Lower Parel, Mumbai

Dates

India Financial Forum - 12 May 2016 - 9:00am to 6:00 pm

Networking Dinner - 12 May 2016 7:00pm - 11:30pm

India Funding Conclave - 13 May 2016 - 9:00am to 6:00pm
500 delegates
50+ speakers
10+ VC firms
50+ investors
100+ SMEs and Startups seeking funding

Agenda Day 12 May 2016  

- The Evolving Payments Landscape
- Online Lending, Alternative Finance, Peer to Peer Funding Marketplaces
- Financial Inclusion, Microfinance
- The Regulatory Landscape l
- Vision 2025 for Financial Services
- Futuristic Banking
- Marketplaces and 2 Sides Platforms
- Open Bank APIs
- Uberisation of Banking/Banking as a Platform
- Cybersecurity
- Shared Economy- Digital Ecosystems

Agenda Day 13 May 2016

- Blockchain Symposium
- Investor Workshops
- Learning from Global Success Stories
- Innovators and Disruptors
- Corporate Finance for SMEs

Review the full program at http://fintechstormindia.com/agenda

For full details visit http://fintechstormindia.com

Website: http://fintechstormindia.com ,http://FintechStorm.com/Mumbai-2016

Past event site for Europe India Conclave Dec 2015:http://FintechStorm.com/europe-india 

Media Contact:  
Arifa Khan
Founder Fintech Storm Series
Managing Director
Genius Incubator Ltd.
340 The Highway
London E1W3ES 
0044-7920030807
0091-9292009087
Arifa.khan@destinationindia.com 
Arifa@fintechstorm.com

Deepika Jagasia
Corporate Communication Manager, Majestic MRSS
deepika.jagasia@majesticmrss.com
+91-9819390309