UPI transactions plateau in Feb, Fintech platform Jai Kisan raises $1.5 M Hello,
The growth in the total number of UPI transactions has hit a plateau, standing at 674.19 million in February, compared to the 672.75 million transactions registered in January.;
- The growth in the total number of UPI transactions has hit a plateau, standing at 674.19 million in February.
- As compared to the 672.75 million transactions registered in January, the figures hardly reflected any increase.
- This comes from the National Payments Corporation of India (NPCI), whose findings suggested that this is one of the lowest growth rates for UPI since July 2018, when transactions fell by 4.3 percent, compared to June.
- India is now world's second biggest fintech hub: ReportWith 2,035 startups operating in the fintech sector, India has emerged as the world's second-biggest fintech hub, just behind the US.