Fintech Open Month started on February 7, 2022. It is a first-of-its-kind initiative that brings together the Fintech professionals & enthusiasts, regulators, industry leaders, start-up community, and developers on a common platform.

Key Points

• On this common platform, professions, leaders and start-up communities collaborate, exchange ideas, and innovate.
• It was started by NITI Aayog.
• Summit was inaugurated by Union Minister Ashwini Vaishnaw in the presence of Vice Chairman of NITI Aayog, Dr Rajiv Kumar.
• Key highlight of the Fintech Open Month summit will be India’s biggest fintech hackathon ever. It will provide an opportunity to present breakthrough ideas to individual developers and start-up community with the potential to solve real-world problems.

Theme of the FinTech Month

The FinTech month will create an immersive learning experience, with overarching theme ‘OPEN’. It aims to achieve three key objectives:

1. Encourage an OPEN ecosystem across the FinTech industry
2. Foster co-innovation and growth
3. Ensure financial inclusion and leverage new models such as Account Aggregator to unleash next wave of fintech innovation.