Fintech Convergence Council

Fintech Convergence Council (FCC) is formed under Internet and Mobile Association of India(IAMAI). IAMAI is a young & vibrant association with ambitions of representing the entire gamut of digital businesses in India. It was established in 2004 by the leading online publishers, but in the last 15 years has come to effectively address the challenges facing the digital & online industry including mobile content & services, online publishing, mobile advertising, online advertising, ecommerce & mobile & digital payments among others. Fifteen years after its establishment, the association is still the only professional industry body representing the online & mobile VAS industry in India. The association is registered under the Societies Act & is a recognized charitable institution in Maharashtra. With a membership of 300 plus Indian & MNC companies, offices in Delhi, Mumbai, Bengaluru & Kolkata, the association is well placed to work towards charting growth path for the digital industry in India. Fintech has grown in leaps & bounds over the last few years but the impetus for the next phase of growth will emerge from the convergence between the multiple industry players. Erstwhile Fintech Committee at IAMAI & now the Fintech Convergence Council (FCC) has been formed in the year 2018 for the purposes of representing the various regulated financial service providers & fintech companies. FCC which is formed under IAMAI would be focusing on resolving various industry level & sector specific issues. FCC aims at being a platform for all the stakeholders in the financial services (BFSI) ecosystem to deliberate, integrate & lead the development of the fintech sector. FCC works closely with the Ministry & regulators like Reserve Bank of India (RBI), Ministry of Finance, Insurance Regulatory & Development Authority, Securities & Exchange Board of India & any similar government departments, bodies or Institution to grow the penetration of financial services.