Money

The current environment has only accelerated the need and expectation for financial services to be delivered in a 100% digital environment as the shutdown has forced people to conduct critical financial activities and banking functions, such depositing checks or paying bills, online and over their phones. This not only creates a great opportunity for next generation digital finance platforms to drive efficient customer acquisition but also an opportunity for these digital platforms to prove their differentiated value proposition versus traditional providers.

India’s richest 1% hold more than four-times the wealth held by 953 million people who make up for the bottom 70% of the country’s population, while the total wealth of all Indian billionaires is more than the full-year budget! What about income inequality? Well, it would take a female domestic worker 22,277 years to earn what a top CEO of a technology company makes in one year.