Noida: Uttar Pradesh industrial development minister Nand Gopal Gupta, also known as 'Nandi', inaugurated the two-day fintech and finance event, Money Alpha 360°, at the India Expo Centre and Mart in Greater Noida on Friday.
Digital India and UPI Leadership
During the event, Nandi stated that initiatives such as Digital India and UPI have positioned the country as a global leader in real-time digital transactions. He remarked, 'It is the result of Prime Minister Narendra Modi’s Digital India vision that today India carries out nearly 49% of the real-time digital transactions through UPI. This is proof of our growing capacity, efficiency and trust.' He further noted that even small vendors and tea sellers now accept payments through QR codes, while large investors can transfer capital globally with ease. 'Digital finance has made opportunities far more accessible than ever before,' he added.
Presence of Officials
Officials from the Yamuna Expressway Industrial Development Authority (YEIDA) and Noida Authority were also present at the event.
Fintech City Announcement
YEIDA CEO RK Singh announced that the Authority is transforming the region into a global financial powerhouse with its new 500-acre Fintech City in Sector 11, located just minutes from the Noida International Airport. He said, 'This flagship project aims to attract large-scale investment and foster a startup ecosystem through digital banking and next-generation technologies. With initiatives like the Fintech City and forward-looking infrastructure, Uttar Pradesh is positioning itself at the forefront of financial and technological advancement, and this summit reflects that vision.'
Noida's Role in Development
Noida additional CEO Vandana Tripathi highlighted that Noida, being a hub for financial activities, plays a crucial role in the state’s development. She added, 'Noida continues to strengthen its position as a centre for business and innovation, and such platforms further reinforce collaboration between industry, policy and technology.'
Summit Highlights
Officials reported that day one of the summit featured high-impact conferences and knowledge sessions covering critical themes such as artificial intelligence in digital banking, global fund integration, fintech infrastructure, MSME growth, financial integrity, and wealth creation strategies. These sessions brought together industry experts, thought leaders, and practitioners to decode emerging trends and unlock new growth opportunities.
