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THE MONTH IN NUMBERS The month in numbers India in 2020


The user base for digital transactions in India is currently close to 90 million, but could triple to 300 million.


India’s


smartphone user base will likely double to 500 million.


India in 2025


$1 trillion, estimated value of digital and online transactions.


1 in 5 transactions in India conducted digitally.


Cybersecurity problems cost Indian firms $4 billion annually. That figure could rise to as much as $20 billion by 2025.


$150 million secured by


75%


ING grabs 75% stake in payments firm Payvision.


Nubank in latest funding round.


600


computers and mining systems stolen


in Iceland, total value around the $2 million mark.


70 million Amazon customers in retail banking by 2023.


3/4 of 18-24 year-olds are keen to bank with tech giants.


78%


78% of asset management firms think their policies on gender equality are “good to very good”.


26% believe the industry in general falls under the same category.


£ £


€25 million worth of securities sent by Credit Suisse and ING using blockchain platform since April 2017.


£1 million in funding received by AccessPay.


Growth of 100% from January 2016 to January 2018.


Based in Manchester, it’s the fastest growing UK based fintech outside of London.


Female applicants are 18% more likely to repay small business loans than their male counterparts, according to iwoca, the alternative small business lender present in the UK, Poland and Germany.


www.ibsintelligence.com | © IBS Intelligence 2018


Icons by Iconika; Adrien Coquet; Nikita Kozin/The Noun Project


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