Fintech Firms Contributed To Expanding Country's Digital Public Infrastructure
During her visit to the office of Pine Labs, a fintech company, in Noida, Sitharaman acknowledged India's fintech firms' contribution to expanding the country's Digital Public Infrastructure
New Delhi: Union finance minister Nirmala Sitharaman on Tuesday said that innovations by financial technology or fintech companies have enabled seamless, secure and inclusive financial services for merchants and micro, small and medium enterprises (MSMEs).
During her visit to the office of Pine Labs, a fintech company, in Noida, Sitharaman acknowledged India's fintech firms' contribution to expanding the country's Digital Public Infrastructure (DPI). “Fintech companies are enabling seamless, secure and inclusive financial services for merchants and MSMEs,” the finance ministry said in a series of posts on X.
As per the ministry, Sitharaman also witnessed demonstrations by Pine Labs on innovative fintech solutions being developed around prepaid instruments, the account aggregator framework, and digital services used in the public distribution system and other government schemes and services.
