India set to play larger role in building global fintech infrastructure, says Payoneer

Short summary

India's fintech ecosystem, valued at USD 111 billion and projected to reach USD 421 billion by 2029, is positioning the country as a global hub for fintech product engineering, AI, and cross-border infrastructure. Payoneer highlights that global fintech firms are increasingly leveraging India for platform-building roles. The country ranks as the world's third-largest fintech ecosystem.

• •India is the world's third-largest fintech ecosystem, valued at USD 111B
• •Sector projected to reach USD 421B by 2029
• •Global firms increasingly using India for AI, product engineering, and cross-border fintech infrastructure

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