Blostem First Appears at Global Fintech Fest 2023

Blostem's Debut at GFF 2023

In June 2023, Blostem made its first appearance at the Global Fintech Fest in Mumbai — India's premier gathering of fintech leaders, banks, regulators, and investors.

For a young startup founded just 18 months earlier, this was a pivotal moment to present our vision for unified banking infrastructure to the industry.

Our Pitch

The message was simple but bold: India needs banking product rails the same way it needed payment rails.

We presented:

• The fragmentation problem in banking product distribution
• How a single API layer could connect fintech platforms to multiple banks
• Our early traction with Fixed Deposit distribution
• The roadmap for expanding into additional banking products

The Response

The reception exceeded our expectations:

• Banks were intrigued: Several banks expressed interest in becoming distribution partners
• Fintech platforms saw the value: Multiple platforms asked about integration timelines
• Investors took notice: GFF 2023 directly contributed to conversations that led to our seed round

Lessons from Our First Big Event

GFF 2023 taught us several valuable lessons:

• The market understood the problem immediately — no one needed convincing that banking integrations were painful
• The demand for a unified infrastructure layer was stronger than we anticipated
• Building credibility with banks required demonstrating production-grade reliability
• The fintech ecosystem was eager for solutions that reduced time-to-market

Setting the Foundation

Our appearance at GFF 2023 planted the seeds for everything that followed — bank partnerships, fintech integrations, and investor interest. It was the moment Blostem went from an idea to a recognised player in India's fintech infrastructure landscape.