Surprising for me was fampay. CRED is understandable given their specific target audience. each fintech wants to build their ecosystem of sorts. also, superapp kind of thing does not really work in india as in china, so phonepe or anyone trying to integrate as many services onto their platfrom, perhaps, won't see much result.
my hypothesis is banks are yet to come with full force in the scene, and when they do, we will see lot more integrations or focussed services. what we saw in telecom perhaps may be seen here too in future.
utilities(gas, electricity)are yet to think through ownership angle here, their reliance on third party will be for some time given the nature of their ownership(govt. owned).
this is great read.
Surprising for me was fampay. CRED is understandable given their specific target audience. each fintech wants to build their ecosystem of sorts. also, superapp kind of thing does not really work in india as in china, so phonepe or anyone trying to integrate as many services onto their platfrom, perhaps, won't see much result.
my hypothesis is banks are yet to come with full force in the scene, and when they do, we will see lot more integrations or focussed services. what we saw in telecom perhaps may be seen here too in future.
utilities(gas, electricity)are yet to think through ownership angle here, their reliance on third party will be for some time given the nature of their ownership(govt. owned).