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Arjun Vir Singh

Enthusiastic about the Future of Financial Services | Learning about AI, Web3, Digital Assets | Advisor | Investor | Podcast Host | Author | LinkedIn Top Voice | Father to two daughters | All views on LI are personal

Arjun Singh is a Partner & Global Co-Head of Fintech at Arthur D. Little's Financial Services Practice, specializing in Fintech, Payments, Digital Assets, Embedded Finance, and Emerging Technologies in the MEA region.

He is actively engaged in the tech startup ecosystem as an investor, advisory board member, and commentator on industry developments.

Arjun hosts the 'Couchonomics with Arjun' podcast and curates the 'Couchonomics Crunch' weekly newsletter on LinkedIn and 'Couchonomics Reel' on Payments, focusing on sharing insights on the evolving Financial Services Sector.

Recognized as a Top Voice in the region by LinkedIn in 2020, Arjun brings a wealth of experience from his previous roles as Executive Vice President - Cards and Payments at Al-Futtaim Group Company and senior positions in Management Consulting, Private Equity, Insurance, and Financial Services.

His educational background includes an MBA in Strategy and Finance from Duke University, an MBA in Strategy and Operations from University of Warwick, a Certificate in Business Architecture from Henley Business School, a Masters in Commerce in Finance from University of Mumbai, and a Bachelors in Commerce in Economics from Delhi University.

Arjun resides in Dubai, UAE, with his family.

Highlights

Sep 12 · linkedin

The ultra-wealthy are growing by leaps and bounds, up by 7.6% in 2023 alone.

But what’s driving this growth? And which regions are leading?

Here’s a breakdown of the most important insights:

🔸 North America saw 11.9% growth in Ultra-High Net Worth (UHNW) individuals, now accounting for 37.8% of the global total.

🔸 The UHNW population in Europe grew by 9.4%, overtaking Asia to become the 2nd largest wealth region.

🔸 Total UHNW wealth reached $49.2 trillion, a 7.1% increase driven by gains in global equities.

🔸 India’s tech hubs, including Bengaluru and Hyderabad, are among the fastest-growing cities for ultra wealth.

🔸 Only 1% of the global wealthy are ultra-high net worth, but they control 32% of total wealth.

🔸 By 2028, nearly 42% of the UHNW population will live in just 50 global cities, signaling the importance of urban wealth hubs.

Getting ultra-wealthy seems easier these days with so many new drivers—like tech, global markets, and emerging trends.

#fintech #wealthtrends #UHNW

Sep 12 · linkedin

Only 25% of digital payment users in India are women. 🤯

That’s a big gap in financial inclusion we need to handle.

This report takes a closer look at the UPI for Her initiative, a collaborative effort designed to boost women’s involvement in digital payments.

Here are the main takeaways:

🔶 Around 200 million women in India represent a huge, untapped market for UPI.

🔶 Women classified as “Cautious Balancers” often stick to cash due to concerns about security and managing expenses.

🔶 “Fence Sitters” are familiar with digital payments but need extra motivation to embrace them, especially for business uses.

🔶 Prepaid Payment Instruments (PPIs) can be a gentle introduction for those hesitant to link their savings accounts.

🔶 Combining physical and digital onboarding methods helps build confidence in new users.

🔶 Marketing should focus on safety and trust to encourage more women to adopt digital payments.

🔶 Women who make at least five transactions in the first week of using UPI are twice as likely to keep using it.

🔶 Ongoing support and training for women merchants can boost their confidence and usage of digital payment tools.

🔶 Tailored outreach efforts are super important for raising awareness and driving adoption among women.

Closing this gender gap will make our financial system more inclusive and open up a huge, untapped market, which means more revenue.

#fintech #digital #inclusion #india

Arjun Vir Singh
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Location

Dubai, United Arab Emirates