Tuesday, July 16, 2024
Outlook India
Outlook Business

India Fintech Forum Launches Fintech Olympiad To Promote Financial Literacy Among Students

The Fintech Olympiad, which aims to promote financial literacy, has more than 2,000 colleges from India and beyond participating

India Fintech Forum Launches Fintech Olympiad To Promote Financial Literacy Among Students
POSTED ON October 16, 2023 1:23 PM

India Fintech Forum is all set to announce the launch of the inaugural edition of the Fintech Olympiad. Backed by industry leaders including Zerodha, CashRich, and Clear, the Olympiad aims to encourage financial literacy in college students. Maharashtra State Innovation Society and Unstop are supporting the initiative to increase its reach.

It has received applications from over 2000 colleges. Students from universities not only in India but also from Hong Kong, France, the USA, Indonesia, Switzerland, the United Kingdom, and Vietnam are also participating in the competition. 

The Fintech Olympiad is a multifaceted competition designed to empower students with a basic understanding of managing personal finances and an overview of the fintech industry in an engaging way. Comprising three distinct stages, which include a thrilling grand finale, scheduled to take place in Mumbai. Upon registration, students gain access to meticulously curated online learning material, equipping them with the knowledge and skills required for the competition. 

Sougata Basu, founder and CEO of CashRich and executive committee member of India Fintech Forum, says, “India is at the forefront of fintech innovation, and the Fintech Olympiad is our way of nurturing the next generation of fintech talent and financial product consumers. We are excited to partner with industry giants who share our vision of empowering students with the knowledge and skills they need to excel in the ever-evolving fintech landscape. We welcome like-minded partners to join us as we pave the way for a more financially inclusive and tech-savvy future." 

The Competition culminates in a prestigious fintech event to be held in Mumbai, where the finalists will compete for the coveted Fintech Olympiad awards. The winners will also get a chance to attend and network with leaders from fintech companies, financial institutions, and banks at IFTA 2023. The event, which will be a hybrid event, will see well-known industry leaders like Nilesh Shah, MD, Kotak Mahindra Asset Management, Vikram Gupta, managing partner, IvyCap Ventures, Sanjay Jain, partner, Bharat Innovation Fund, and many more on 1st November at IFTA 2023 in Mumbai. 

IFTA 2023, hosted by India FinTech Forum, is the annual gathering that unites the brightest minds in fintech, including over 4,000 dynamic fintech companies and a network of 35,000 industry enthusiasts. 
This event serves as a focal point for collaboration, innovation, and policy dialogue, solidifying India's influential role in the global fintech landscape. Attendees can expect invaluable networking opportunities, insights from industry experts, a showcase of cutting-edge fintech solutions, and discussions on regulatory support for fostering innovation. IFTA 2023 is where ideas converge, partnerships flourish, and the future of fintech is defined.

  • Related Articles

    The HPX initiative offers benefits such as access to capital, expedited commercialisation of innovative payment solutions, invaluable access to key industry partnerships, and more

    Hitachi Payment Services Launches HPX Programme For Fintech Start-Ups

    RBI’s extension of PIDF scheme to include soundbox devices and QR codes has been received well by fintech players, with many believing it be a step in the right direction to promote financial...

    RBI's Efforts To Promote Digital Payments At Grassroots Level Get Thumbs Up From Fintech Players

    Shortlisted FinTechs will be evaluated for IFTA awards by a jury across 12+ categories

    IFTA Spotlights 24 High Potential FinTech Start-Ups For The Annual Fintech Awards