Let Payments Be Leveraged For Credit, Protection, Value-Added Services
FinTech BizNews Service
Mumbai, 18 December 2025: 2 industry leaders have shared their respective year-end perspectives on how the payments and fintech ecosystem has evolved in 2025, and what lies ahead in 2026.
Dilip Modi, Founder & CEO, Spice Money:
“2025 has reaffirmed that fintech is not just reshaping payments and financial services, it is redefining how people access, trust, and use finance every day, especially across rural and semi-urban Bharat. With UPI reaching unprecedented scale, the RBI’s Financial Inclusion Index rising to 67, and digital and assisted-digital services becoming mainstream, fintech apps, driven by ease of use, wide availability, and instant access, are increasingly preferred over traditional bank-led payment methods.
Beyond payments, the year also marked meaningful progress in expanding access to credit, savings, and insurance in underserved regions, supported by the growing formalisation of rural lending and the rapid adoption of AI and data-led innovation. This evolution underscores that financial inclusion today is about trust, convenience, relevance, and responsible innovation, not just access.
As we move into 2026, the opportunity is to deepen this ecosystem, where payments act as the entry point and credit, protection, and value-added services drive long-term economic resilience. The challenge and responsibility ahead is clear: to harness innovation sustainably and ensure fintech empowers every Indian from the city to the last mile, to plan, grow, and secure their financial future.”
Srikrishna Narasimhan, CEO & Whole-Time Director, GlobalPay
“2025 has been a defining year for the cross-border payments and forex ecosystem. We witnessed a decisive shift toward speed, transparency, and intelligence in the way money moves across borders.
With real-time rails gaining global adoption, AI improving compliance and fraud detection, and digital wallets becoming mainstream for students, leisure, and corporate travelers, the industry took a major step toward making international payments truly frictionless.
This global shift is being reinforced by India’s rapidly expanding international footprint. Indian international travel spend surged 25% in FY24 to USD 31.7 billion, underscoring the resilience of outbound tourism and the sustained rise in global mobility. Meanwhile, in 2025, India’s overseas student community crossed 1.8 million, as learners increasingly explore not only the US and UK but also emerging, visa-friendly education hubs across Europe, the Middle East, and Asia. This rapidly shifting landscape calls for more intelligent and agile cross-border payment solutions that can keep pace with continuous change.
At GlobalPay, we believe that global payments should be seamless, transparent, and as effortless as everyday interactions. Over the past year, we strengthened our platform and have built our card stack to deliver faster settlements, greater cost transparency, and more intuitive experiences for customers across diverse travel ecosystems.
As we look ahead to 2026, the momentum is only growing. Real-time settlement, tokenised currencies, and smarter identity-linked payments will redefine how people and businesses transact across borders. We are committed to shaping this future, building solutions that remove friction, inspire trust, and set the standard for the next era of borderless finance.”
