Ontario Announces Upcoming Fintech and Cybersecurity Export Initiatives 2024/25 – India

Export Events | March 21, 2024

Ontario Government Fintech Export Events — South Asian Market — 2024/25

Orchestrated by the Ministry of Economic Development, Job Creation and Trade, the government of Ontario has announced two export trade  programs to enable fintech and cybersecurity companies based in Ontario to explore and capitalize on the immense opportunities within one of the globe’s most rapidly accelerating digital markets.

May 15, 2024: Fintech & Cybersecurity in India – Webinar

The Government of Ontario is holding a webinar to discuss opportunities in India’s fintech and cybersecurity markets, sectors bolstered by more than 750 million Internet users and 600+ million smartphone users.  

As India embraces a digital economy, cybersecurity threats like identify theft and ransomware have grown, impacting banking, financial services and insurance, critical infrastructure, and e-commerce. The Indian e-commerce market is anticipated to be valued at C$270 billion by 2026, which increases the urgency to address security issues related to digital transactions in the  country.

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The Indian fintech sector, focused on digital lending, digital payments, insurtech, wealthtech, and blockchain, will generate C$257 billion by 2030, with more than 65% of fintech CEOs prioritizing partnerships. 

The program will include the experience of cybersecurity and fintech companies doing business in India, opportunities for Ontario companies to sell technologies to Indian companies and collaborate with stakeholders, advice from industry experts and Ontario government staff on market-entry and growth strategies, and initial details of an Ontario government cybersecurity and fintech export business mission to the Bengaluru Tech Summit in 2024. 

If interested, please Register Here.

 

November 19-21, 2024: Ontario Fintech & Cybersecurity Export Business Mission to Bengaluru Tech Summit 2024

The Government of Ontario is organizing a Fintech & Cybersecurity Export Business Mission to the Bengaluru Tech Summit in India. As India embraces a digital economy, cybersecurity threats like identity theft and ransomware have grown. Cyber-related crimes have particularly impacted banking, financial services and insurance, critical infrastructure, and e-commerce.

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The Indian e-commerce market is anticipated to be valued at C$270 billion by 2026. The Indian fintech sector is also expected to experience long-term growth and is focused on digital lending, digital payments, insurtech, wealthtech, and blockchain. Indian fintechs will generate C$257 billion by 2030, with more than 65% of fintech CEOs prioritizing partnerships. 

The mission may also be of interest to Ontario SMEs selling ICT products/services beyond fintech and cybersecurity to Indian companies. Mission delegates will have exhibitor space at the 26th edition of the Bengaluru Tech Summit, which features companies involved in IoT, AI & machine learning, AR/VR, fintech, edtech, gaming, biotech, healthtech, medtech, and mobility.

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The 2023 show saw the participation of 30+ countries, 600+ exhibitors, 10,000+ business delegates, and 400+ conference speakers. The mission package will include export advice and consultation, exhibiting space in the Ontario booth at the Bengaluru Tech Summit, a customized B2B program and site visits to connect Ontario companies with potential customers and partners, travel to Bengaluru and potentially other cities in India, marketing and promotional support, networking opportunities, and potential conference speaking slots. Mission fees are to be determined. 

If interested, please contact Fawzia.Sheikh@ontario.ca or; 

Apply Here by September 20, 2024.

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