fintech india tech mobile payments Analysis 10 Nov 2023, 10:40 Rapidly adopted digital payments infrastructure has transformed India’s economy over the past decade. Kevin T. Carter, Founder and Chief Investment Officer of EMQQ Global, discusses with OPTO Sessions the companies and technological innovations that are driving this change. One of the main factors driving India’s digital growth is its population. Since April, the country has had the world’s largest population, comparable only to China’s in scale. However, its proportion of young, digitally native consumers is unmatched: more than half of its population is below the age of 30. Unlike its population, India’s technology sector is old — “older than me”, says Carter. He mentions that companies such as Infosys [INFY], Tata [TCS:NS] and Wipro [WIT] have been publicly listed for decades. The country’s digital public infrastructure — the “India stack”, as it’s known — is the icing on the cake for Carter. The stack is, he says, “a series of programmes that work together and serve as a digital platform for the whole country”. At the base of the system is Aadhaar, a biometric ID database that saw 1.2 billion Indians — almost 90% of the adult population — […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
