A tale of 44 cities | Bangalore S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc i High Rankxa t ko e yr s a r e a BangaloresBest workspace and accelerators Hub features Top FinTech companies Hub profile Technologies PayTM, FINO, PAytech, Citrus Pay, Bill Desk, Freecharge, MobiKwik, BankBazaar, PolicyBazaar, Capital Float, SME Corner. G Mobile Big investors o Digital identity v e r Sequoia Capital, 500 Startups India, SAIF Partners, Tiger Global, IDG, Accel n APIs m e Partners, Ascent Capital, Bain, Basil Partners. Dn o i n gt Web access B us s i n eG s slu o 1bp 3 0Na Payment gateways /lp A F i no Success stories Cr et BHIVE n t r Be Microsoft Accelerator Innovation areas PayTM and mobile wallet/payments providers are rapidly expanding digital an Rainmatter gal payment infrastructure. o re KYC The future Credit scoring The next phase of FinTech in India will see the emergence of new types of In Open data n INDEX SCOREo blockchain extensions and other distributed ledger technologies, continued va Risk profiling t progress towards digital financial inclusion by 2020 and developments in i o Identity management The Indian FinTech ecosystem has a high volume of technical expertise nc n next-generation payments. Enabled by the India Stack, India will also see the and a low cost of entry. There is an extensive talent pipeline which is oitan/a*utlu emergence of non-payments FinTech companies – alternative lenders, alternative inexpensive and accessible. In addition, government programmes have vonnerChallenges credit scoring, and artificial intelligence. been developed to make it easy for startups to do business as well as I labxe6 Low RankolGdnI6 Low access to capital providing them with financing and tax benefits. Quality of infrastructure Lack of professional services e ecosystem rtis Reguxpe latto e ionity xim Pro Hub representativeFormers eign sto custo* The data for Bangalore is not available Nathan Associates IndiaartupsProximity ton the Global Financial Centre Index. PrincipleAs such, Bangalore has not been given Howard Milleran Index Performance Score. Data to be updated in full report (Sibos, October 2017) 77