In a strategic move to reflect the evolving dynamics of the financial technology space, the Digital Lenders Association of India (DLAI) has officially rebranded itself as the Unified Fintech Forum (UFF). This rebranding aligns with the association’s broader mission to represent the diverse and expanding spectrum of digital financial service providers in India.
The newly named UFF now comprises approximately 120 member institutions, spanning both regulated and unregulated entities engaged in various aspects of digital finance. The change signifies a commitment to building a more inclusive and integrated fintech ecosystem, one that supports the sector’s growth and ensures a coherent voice in regulatory and industry matters.
Alongside the rebranding, UFF has also announced its newly elected Executive Committee. Manish Lunia, Co-founder, FlexiLoans, has been appointed as President, and Upasana Taku, Co-founder and Executive Director of MobiKwik, will serve as Vice-President.
Commenting on the development, Jatinder Handoo, CEO of Unified Fintech Forum, said, “The expansion of FinTech services over the past decade has transformed our interaction with digital money and has brought in more responsibilities among players in the FinTech ecosystem, especially from a client protection and product suitability perspective.”
India’s FinTech landscape has seen rapid transformation, driven by the strength of the country’s Digital Public Infrastructure (DPI) and a robust regulatory environment. As financial services become increasingly integrated into consumers’ daily lives, the need for responsible innovation and adherence to best practices has never been more critical.
Through this transformation, UFF aims to foster collaboration among industry stakeholders, strengthen regulatory alignment and champion innovation that promotes financial inclusion across India.
With a renewed identity and leadership, the Unified Fintech Forum is set to play a pivotal role in shaping the future of India’s fintech sector.
