Will Fintechs become better banks?

2. Region/Startup
Valuation($)
70,000,000,000
16,000,000,000
14,000,000,000
10,000,000,000 10,000,000,000
1,000,000,000
US/Stripe India/Paytm SEA/Grab Latin America/NuBank Europe/Kalrna Africa/Interswitch Group
0
10,000,000,000
20,000,000,000
30,000,000,000
40,000,000,000
50,000,000,000
60,000,000,000
70,000,000,000
80,000,000,000

9. Fintech Apps Downloads Bank Apps Downloads
Google Pay 100mn+ SBI 50mn+
Paytm 100mn+ Axis Bank 10mn+
PhonePe 100mn+ HDFC 10mn+
MobiKwik 50mn+ ICICI 10mn+
Walnut 10mn+ KOTAK 10mn+
CRED 5mn+ Bank of Baroda 10mn+

10. Number
of
banks
live
on
UPI
21
36
52
71
110
134
142 144
155
207
June'16 Jan'17 June'17 Jan'18 June'18 Jan'19 June'19 Jan'20 June'20 Jan'21
0
25
50
75
100
125
150
175
200
225

15. %
of
New-Credit-Borrowers
by
Lender
Type
29
13
10 10
9
8
5
Fintech Regional Rural Bank NBFC Private Bank Public Bank Cooperative Bank Foreign Bank
0
5
10
15
20
25
30
35