On his first official visit to India, UK Prime Minister Keir Starmer set an ambitious goal to make the United Kingdom the world’s leading partner for finance and fintech innovation.
Speaking at the Global Fintech Fest 2025, Starmer invited Indian fintech innovators and investors to expand their global footprint through partnerships with the UK.
“We want the UK to be your number one partner of choice for finance and fintech,” Starmer said.
Highlighting deepening business ties, Starmer noted that UK-based firms such as Revolut, Wise, and Tide are investing and expanding operations in India. HSBC, he said, is launching an innovation banking hub and expanding into 20 new cities, while Standard Chartered has opened a new global business services hub in Chennai.
At the same time, leading Indian fintech players are looking to the UK for growth opportunities
“Superstars of Indian fintech like Razorpay, Perfios, Cred, and Paytm — which is planning to invest in the UK — are increasingly going global,” he said. “I’m here to extend an invitation to all of you to do business with Britain, to see the UK as your gateway to going global.”
Starmer emphasized his government’s commitment to strengthening the UK’s fintech ecosystem through strategic investments in digital infrastructure, data sharing, and AI adoption.
“We are delivering fast-track authorizations, streamlined compliance, and new visa routes to attract top global talent,” he added.
In a parallel address at the same event, Reserve Bank of India (RBI) Governor Sanjay Malhotra underscored the “immense opportunities” for collaboration between the fintech industries of India and the UK, noting that the partnership could generate benefits extending “beyond bilateral gains.”
Malhotra highlighted the growing synergy between the two nations’ fintech ecosystems, pointing out that several UK-based firms are launching operations in India and integrating with the Unified Payments Interface (UPI) to develop innovative cross-border payment solutions.
“These collaborations can deliver benefits beyond bilateral gains,” he said. “They can set new benchmarks for inclusion, efficiency, and trust in digital finance globally.”
Calling on fintech leaders to shape the future of global finance, Malhotra urged industry stakeholders to build systems that are inclusive, consumer-centric, trustworthy, efficient, global, and future-ready.
Both India and the UK rank among the world’s leading fintech hubs, driven by a surge in startups and substantial capital inflows into the sector.
Malhotra lauded India’s success in building world-class digital public infrastructure, including UPI, Aadhaar, and DigiLocker, which have enabled millions to access seamless and affordable financial services.
He also recognized the UK’s strong governance frameworks and deep expertise across payments, regtech, insurtech, and open finance, which have helped ensure the country’s fintech growth remains both rapid and sustainable.
Add Now!
Speaking at the Global Fintech Fest 2025, Starmer invited Indian fintech innovators and investors to expand their global footprint through partnerships with the UK.
“We want the UK to be your number one partner of choice for finance and fintech,” Starmer said.
Highlighting deepening business ties, Starmer noted that UK-based firms such as Revolut, Wise, and Tide are investing and expanding operations in India. HSBC, he said, is launching an innovation banking hub and expanding into 20 new cities, while Standard Chartered has opened a new global business services hub in Chennai.
At the same time, leading Indian fintech players are looking to the UK for growth opportunities
“Superstars of Indian fintech like Razorpay, Perfios, Cred, and Paytm — which is planning to invest in the UK — are increasingly going global,” he said. “I’m here to extend an invitation to all of you to do business with Britain, to see the UK as your gateway to going global.”
Starmer emphasized his government’s commitment to strengthening the UK’s fintech ecosystem through strategic investments in digital infrastructure, data sharing, and AI adoption.
“We are delivering fast-track authorizations, streamlined compliance, and new visa routes to attract top global talent,” he added.
In a parallel address at the same event, Reserve Bank of India (RBI) Governor Sanjay Malhotra underscored the “immense opportunities” for collaboration between the fintech industries of India and the UK, noting that the partnership could generate benefits extending “beyond bilateral gains.”
Malhotra highlighted the growing synergy between the two nations’ fintech ecosystems, pointing out that several UK-based firms are launching operations in India and integrating with the Unified Payments Interface (UPI) to develop innovative cross-border payment solutions.
“These collaborations can deliver benefits beyond bilateral gains,” he said. “They can set new benchmarks for inclusion, efficiency, and trust in digital finance globally.”
Calling on fintech leaders to shape the future of global finance, Malhotra urged industry stakeholders to build systems that are inclusive, consumer-centric, trustworthy, efficient, global, and future-ready.
Both India and the UK rank among the world’s leading fintech hubs, driven by a surge in startups and substantial capital inflows into the sector.
Malhotra lauded India’s success in building world-class digital public infrastructure, including UPI, Aadhaar, and DigiLocker, which have enabled millions to access seamless and affordable financial services.
He also recognized the UK’s strong governance frameworks and deep expertise across payments, regtech, insurtech, and open finance, which have helped ensure the country’s fintech growth remains both rapid and sustainable.
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News Source Add Now!
