Sampath Sharma Nariyanuri, CFA

Fintech analyst at S&P Global Market Intelligence. Disclosures

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

@jp_koning In fireside chats and interviews at GFF, Waller emphasized the lack of universal bank participation in FedNow, which, he said, makes the prospect of immediate global interlinkages for US a nonstarter. But yeah he seemed skeptical of large scale govt interventions in CB payments.

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

@jevgenijs Several instant payment schemes around the world are powered by Vocalink and ACI. I believe Singapore's FAST and Thailand's PromptPay have also turned to Vocalink to implement their core real-time
payments infrastructure and/or overlay services.

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

Global fintech funding nearly halves to $23B in H1 2023 https://t.co/Zm2h3ZCpdl #S&P Global

[Jordan McKee @jordanhmckee]

Our H1 Fintech Funding Report is live, a few highlights:

- VC funding of fintech startups has plunged globally by 49% YoY to $23 billion in the first half of 2023

- Fintech funding rounds in the first half of the year totaled 1,178, registering a 64% drop from H1 2022.

[Dr Nandita Iyer @saffrontrail]

{Thread}

Indian breakfasts are the best.

Idlis, with chutney / Podi / sambar/ anything else you prefer

[YourStory @YourStoryCo]

#Fintech startups in SEA netted $4.70 billion across 217 transactions in 2021, up from $1.13 billion across 118 deals in the prior year!📈

Read on - https://t.co/2LclId8HSS

@PineLabs @credgenics @vayananetwork @InfibeamAvenues @SamNariyanuri @vinodparmar @vm34 @RishabhGoel22

[Faye DSouza @fayedsouza]

Ah! The modern woman of India, source of all problems.
If only women would marry and stay at home we would solve unemployment, poverty, petrol and LPG prices, lack of hospital beds, potholed roads, electricity shortage, crime and hunger.

[Pico Iyer @PicoIyer]

The birthday of Graham Greene, of Jan Morris and of Mahatma Gandhi: the perfect day for reflecting on what the big world really looks like and how we can make of that unsettling clamor a home and even a haven.

[Fatima Khan @khanthefatima]

Group of friends wanted to distribute food to the poor, but didn't want their faces all over social media doing charity work. Solution: they now wear the Guy Fawkes masks from 'V from Vendetta' while distributing food so that their faces aren't revealed https://t.co/Gy5PuUmtVJ

[Chinmay Tumbe @ChinmayTumbe]

My article in the Indian Express today.

Places the potential Covid death under-reporting factor in Gujarat for April 1-May 10, 2021, at 11.

Unfortunately, high chance of 1 Million+ Deaths in India in second wave.

Twitter thread on method (1/n).

https://t.co/YYBlIjcjTE

[S&P Global Market Intelligence @SPGMarketIntel]

Southeast Asia E-Money Market Report Shows Tech Firms Disrupting Banks. https://t.co/BXh0iI6nbl

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

MAS disclosed names of digital bank license winners. Back in Feb we wrote that affiliation with e-commerce critical to future of SEA digital banking
https://t.co/uFUpkb3PmG

[MAS @MAS_sg]

MAS has announced four digital bank applicants.

Read: https://t.co/AlEvRm3vAw

[Tijori @Tijori1]

In the last 5 years , Bangalore has absorbed more commercial real estate than London, New York, Singapore, Beijing and Hong Kong put together!

Cumulative Net Absorption in last 5 years

Bangalore - 70.2msf
London + New York + Singapore + Beijing + HK - 69.3msf

Source: CBRE

[Amrish Rau @amrishrau]

Not surprised with Singles Day 11/11 GMV.
Shocking is that Indians did 1000 crs of PayLater in retail stores in 10 days of November. #EMI #pinepaylater

[Mandar Kagade @MandarKagade]

Quick thread on @NPCI_NPCI 's recent notification-

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

Promoting non-UPI payments -- cards, wallets -- becomes much more imperative for third-party apps likely to exceed the 30% cap (PhonePe, Google and WhatsApp). Google and WhatsApp do not have e-wallet licenses though.

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

IMP: 30% cap does not apply to banks operating underlying UPI infra. Paytm's UPI biz is housed within its Payments Bank entity, so it is exempted from the rule. Wonder if a ceiling on sponsor bank's volumes is also on the cards, which could create needed redundancies in UPI

[Arti Singh @artijourno]

It's official: To limit UPI dominance, NPCI issues a 30% volume cap for third party app providers (such as GooglePay, PhonePe). #payments #fintech

[Sampath Sharma Nariyanuri, CFA @SamNariyanuri]

The unit economics of each transaction could be less favorable for fintechs that need a sponsor bank integration to facilitate UPI transactions. But there may still be plenty of reasons to remain as third-party provider focused on consumer.