What is BNPL

The financial sector across the globe has been witnessing continuous disruptions every year. India is not an exception to the phenomenon. India figured in the list of economies where Fintech adoption was one of the highest in the year 2021. This kind of rare feat can be attributed to the conducive ecosystem that has been ensured by the state and subjects of the country over the years. During the past few years especially after 2016, there has been a paradigm shift in the Indian Fintech landscape. Numerous advancements have taken place in the sector and new players are emerging as serious threats to established financial institutions. Fintech has become synonymous with innovations and disruptions. This chapter aims to explain the current state of affairs and the innovations in the Indian Fintech landscape. The authors intend to show how new fintech players are coming up with out-of-the-box thoughts and disrupting the status quo of established financial institutions.