FinTech's to play a role in greater financial inclusion | Setup services India Digital banking is a huge play in India, according to KPMG's Pulse of Fintech, which also points out that it has a unique model compared to other jurisdictions, with digital banks serving primarily as Software as a Service (SaaS) providers and regulatory responsibilities remaining with bank partners. The fintech business received USD 2 billion in investments in the first half of 2021, which is equivalent to the total amount invested in the entire year of 2020. Commenting on the scope of fintechs, Nishant Arora, founder, Sixth Element Finserv's Setup Services India (SSI), says, "After working in the financial advisory/consultancy industry for more than seven years, I found out that there is no brand in the financial advisory industry that guaranteed quality services to the general public. The Fintech companies have to realize that not every startup can or want to hire a huge accounting fi...