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New Delhi : Commencing on February 7, 2022, the Fintech Open month is a first-of-its-kind initiative bringing together regulators, Fintech professionals and enthusiasts, industry leaders, the start-up community, and developers on a common platform to collaborate, exchange ideas, and innovate.

Creating an immersive learning experience, the FinTech month with the overarching theme ‘OPEN’ aims to achieve three key objectives – 1) encourage an OPEN ecosystem across the FinTech industry; (2) Foster co-innovation and growth; (3) Ensure financial inclusion and leverage new models like Account Aggregator to unleash the next wave of fintech innovation, according to a PIB release.

Week One of the Fintech month included in-depth conversations and panel discussions highlighting innovation, opinions, and diverse perspectives from industry leaders.

The highlight of the summit will be India’s biggest fintech hackathon ever, which will provide an opportunity to individual developers and the start-up community to present breakthrough ideas with the potential to solve real-world problems. To foster creativity, innovation, and an entrepreneurial mindset among children, another hackathon for school students will also be organized via Atal Innovation Mission’s Atal Tinkering Labs network. Additionally, the work undertaken by FinTech’s will also be showcased, and the most innovative start-up will be recognised at a virtual felicitation ceremony.