Stock Market, Mobile Wallets, BNPL
An overview of stock market and mutual fund participation, as per Paytm:
In 2020, the mutual fund investor penetration in India was approximately 2% in Fiscal 2021 with the AUM to GDP ratio at approximately 16% as compared to approximately 145% for the United States, as per MobiKwik.
Mobile wallets data is offered by MobiKwik:
The rise of BNPL (buy now pay later), as suggested by MobiKwik:
The BNPL opportunity arises in part because of the low credit card penetration in India as MobiKwik’s data shows:
