India FinTech Forum has announced the launch of the inaugural edition of the Fintech Olympiad. Backed by industry leaders including Zerodha, CashRich and Clear, Fintech Olympiad aims to encourage financial literacy in college students. Maharashtra State Innovation Society and Unstop are supporting the initiative to increase its reach.
According to an official release, the first of its kind competition focused on financial literacy, Fintech Olympiad 2023 has received applications from over 2000 colleges. Students from universities not only in India but also from Hong Kong, France, USA, Indonesia, Switzerland, United Kingdom and Vietnam are also participating in the competition, it added.
“India is at the forefront of fintech innovation, and the Fintech Olympiad is our way of nurturing the next generation of fintech talent and financial product consumers. We are excited to partner with industry giants who share our vision of empowering students with the knowledge and skills they need to excel in the ever-evolving fintech landscape. We welcome like-minded partners to join us as we pave the way for a more financially inclusive and tech-savvy future,” said Sougata Basu, Founder CEO, CashRich and Executive Committee Member, India Fintech Forum.
What is the Fintech Olympiad?
The Fintech Olympiad is a multifaceted competition designed to empower students with a basic understanding of managing personal finances and an overview of the fintech industry in an engaging way. Comprising three distinct stages, which includes a thrilling grand finale, scheduled to take place in Mumbai.
Upon registration, students gain access to meticulously curated online learning material, equipping them with the knowledge and skills required for the competition. Content curation ensures that students get access to high quality learning material, and do not have to depend on ‘Finfluencers’ who may not produce the best financial education content. The competition then unfolds in the next two distinct stages: Self-Assessment Exam and Online Proctored Exam.
The Competition will be held in Mumbai, where the finalists will compete for the coveted Fintech Olympiad awards. The winners will also get a chance to attend and network with leaders from fintech companies, financial institutions and banks at IFTA 2023. The hybrid event will see well known industry leaders like Nilesh Shah, MD, Kotak Mahindra Asset Management, Vikram Gupta, Managing Partner, IvyCap Ventures, Sanjay Jain, Partner, Bharat Innovation Fund and many more on 1st November at IFTA 2023 in Mumbai.
IFTA 2023
IFTA 2023, hosted by India FinTech Forum, is the annual gathering that unites the brightest minds in fintech, including over 4,000 dynamic fintech companies and a network of 35,000 industry enthusiasts. This event claims to serve as a focal point for collaboration, innovation, and policy dialogue, solidifying India’s influential role in the global fintech landscape.
