- Fintech Olympiad Unveiled at IFTA 2023: Promoting Financial Literacy for Over 2,000 Colleges Worldwide.
- Industry Leaders Zerodha, CashRich, and Clear Support Olympiad, Empowering Students in Fintech Education.
- The Olympiad Comprises Three Stages: Online Learning, Self-Assessment, Proctored Exams, and a Grand Mumbai Finale.
- Prizes Worth Over INR 500,000, Vital Fintech Insights, and Networking Await Fintech Olympiad Participants.
Mumbai, October 16, 2023 — India FinTech Forum is pleased to introduce the inaugural edition of the Fintech Olympiad. Supported by industry stalwarts including Zerodha, CashRich, and Clear, the Fintech Olympiad is committed to fostering financial literacy among college students. The Maharashtra State Innovation Society and Unstop are collaborating to expand the initiative’s reach. Remarkably, this groundbreaking competition, focusing on financial literacy, 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 enthusiastically participating in this global event.
The Fintech Olympiad is a comprehensive competition tailored to provide students with fundamental knowledge of managing personal finances and an insightful overview of the fintech industry in an engaging manner. The competition unfolds in three distinct stages, climaxing in a thrilling grand finale scheduled to take place in Mumbai. Upon registration, students are granted access to a meticulously curated repository of online learning material. This resource equips them with the knowledge and skills essential for the competition. The diligent curation ensures that students receive access to high-quality learning content, eliminating the need to rely on potentially unreliable ‘Finfluencers’ for financial education. The subsequent stages comprise a Self Assessment Exam and an Online Proctored Exam.
Sougata Basu, Founder CEO of CashRich and an Executive Committee Member of India FinTech Forum, expressed, “India stands at the forefront of fintech innovation, and the Fintech Olympiad serves as our conduit to nurturing the next generation of fintech talent and financially astute consumers. We are delighted to collaborate with industry titans who share our vision of empowering students with the knowledge and skills required to excel in the continually evolving fintech landscape. We extend an open invitation to like-minded partners to join us in laying the foundation for a more financially inclusive and tech-savvy future.”
The culmination of the competition is marked by a prestigious fintech event hosted in Mumbai. Here, the finalists will vie for the highly coveted Fintech Olympiad awards. The victorious students will additionally receive the opportunity to attend and network with luminaries from fintech companies, financial institutions, and banks at IFTA 2023. Scheduled as a hybrid event, this gathering will witness renowned industry leaders such as Nilesh Shah, Managing Director at Kotak Mahindra Asset Management, Vikram Gupta, Managing Partner at IvyCap Ventures, Sanjay Jain, Partner at Bharat Innovation Fund, and many more. All will convene on November 1st at IFTA 2023 in Mumbai.
