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Incredibly exciting
to be here at the Global FinTech Festival.

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The energy here is palpable.

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If I go back in time, this started
probably about 15 years ago, around 2008-09

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timeframe, when Aadhar
came onto the Indian stage.

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And I think it's incredible
how far we have come,

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the number of people here,
the amount of innovation,

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the truly palpable excitement

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gives me so much

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energy for the future.

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What we've been creating in the fintech
sector in India and more broadly in Asia.

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I think is going to be the playbook
for the rest of the world.

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Why do I say that?

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By as our report says, by 2030,
the global fintech sector will be about

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1.5 trillion, but it will be bigger in Asia,
than it'll be in North America.

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Now, while
it may seem like a small thing to you,

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this has not happened
really in too many sectors, actually.

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In fact, it hasn't hardly happened.

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So and this will inspire many,
many other sectors in years

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to come to emulate the playbook.

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I can imagine
seeing this on the health tech

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sector and many more in times to come.

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And what is also incredible about
it is the architecture we have.

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It's a stack architecture,

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where at the lower end of the platform,
whether it's Aadhar

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or UPI, it's a shared public
good and innovation happens up stack.

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This is not like the walled garden
architecture of the Western countries,

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which is very harder
to bring to this part of the world.

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So many reasons to feel excited.

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I think what we're seeing right now
is probably only a fraction

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of where this will go.

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And when we look back, five
seven years hence,

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this will be a epochal moment
where something iconic started happening,

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which will transform India,
which will transform Asia,

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but it will transform more broadly
the world at large.

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Before I wrap,
I want to share a small anecdote.

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I was in Jakarta on Sunday morning
at the ASEAN breakfast

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where about 50 different senior leaders
and CEOs were there from ASEAN

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and one CEO who had just come back
from a study tour to Bangalore

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recounted that he had this wonderful
moment to see how far India has come

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through this enabling platform on
financial fintech sector in general,

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and how much Indonesia can learn
and be inspired by that

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to be at scale,
to be inclusive, to be real time.

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And, you know,
when I sat in that audience,

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it was truly, truly energizing
to see being talked about

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in such high regard in a group
which nobody knew.

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There was somebody who had been part of
the revolution was sitting in the room.

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So that's what I had to say.

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Thank you for listening.