October 10, 2025

Mumbai was buzzing with excitement as UK Prime Minister Keir Starmer made his debut visit to India during the Global Fintech Fest 2025! Starmer didn't just come for a tea chat; he passionately invited Indian fintech innovators and investors to make the UK their top playground for fintech growth. "We want the UK to be your number one partner of choice for finance and fintech," Starmer declared, setting a high goal to make the UK the world leader in fintech innovation. The excitement didn't stop there. In a powerful parallel speech, Reserve Bank of India (RBI) Governor Sanjay Malhotra highlighted the "immense opportunities" lying in Indian-UK fintech teamwork. He said this partnership is much bigger than just trading benefits; it could transform digital finance worldwide! Starmer gave shining examples of strong business ties. UK firms like Revolut, Wise, and Tide are planting deep roots in India by investing and growing operations. HSBC is on a grand expansion spree, launching an innovation banking hub and moving into 20 new Indian cities. Even Standard Chartered opened a flashy new global business services center in Chennai. But wait, Indian fintech superstars are not just sitting back! Names like Razorpay, Perfios, Cred, and Paytm are eyeing the UK for fantastic growth and global reach — "Paytm is planning to invest in the UK," revealed Starmer with pride. "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." The UK government is backing this big fintech dance with full force. Starmer talked about speeding up approvals, making compliance simpler, and introducing new visa routes designed to attract the best global tech talent. Plus, big investments are coming in digital infrastructure, data sharing, and AI adoption to supercharge the fintech ecosystem. RBI Governor Malhotra also shared exciting insights about UK firms integrating with India's famous Unified Payments Interface (UPI). This teamwork is unlocking cool cross-border payment solutions, bringing easier, safer digital finance to everyone. He said proudly, "These collaborations can deliver benefits beyond bilateral gains. They can set new benchmarks for inclusion, efficiency, and trust in digital finance globally." The message is crystal clear — India and the UK are ready to become fintech power buddies, blending their strengths to create a bold future. The fintech fiesta has only just begun!

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Tags: Uk fintech, India fintech, Keir starmer, Sanjay malhotra, Global fintech fest 2025, India-uk collaboration,