A study on significant insights and theoretical assimilation on fintech services with respect to revolutionized finance sector in Indian context

Fintech is the newest buzzword in the financial industry. The most recent evolution of Fintech, driven by startups, presents challenges for market participants and regulators alike, particularly in balancing the potential benefits of innovation with the potential risks of new financial sector techniques. Traditional financial institutions now use fintech. The phrase "fintech" refers to the expanding technical advancements in the financial industry. The financial sector is becoming more and more shaped by fintech. This research study examines the adoption of fintech, the fintech news network, the structure of the Indian fintech industry, fintech startups in India, and fintech trends in India. India has shown evidence of a remarkable change in the most fundamental aspects of human life as a result of technological advancements. Every person has some exposure to various forms of technology and its contemporary tendencies. The enigmatic new word FinTech is one of the driving forces in the Indian financial sector. By challenging the traditional financial institutional framework's very existence, FinTech enterprises have indicated a significant transformation in the management of financial offerings. Additionally, a number of issues involving coercion have come to light, and questions have started to surface questioning the impact of FinTech on the Indian Financial System. The prior pieces of data imply that study may have missed how FinTech has affected the Indian financial sector. FinTech is the use of digital technology to the financial industry and the introduction of new technologies into financial services. The research issues have undergone theoretical study. PwS, KPMG, RBI, and SSRN have all gathered the data. The report details the historical development of fintech and the size and expansion of the market. Additionally, the benefits and drawbacks of the Fintech industry, the Fintech hub, and Indian Fintech legislation.