Blostem Showcases at Global Fintech Fest 2024 — Expanded banking products suite

Blostem Returns to GFF with an Expanded Vision

At the Global Fintech Fest 2024 in Mumbai, Blostem returned with a significantly expanded product vision — moving beyond Fixed Deposits to showcase upcoming support for Recurring Deposits and UPI Credit Lines.

Expanded Product Suite

The 2024 showcase demonstrated Blostem's evolution from a single-product FD platform to a comprehensive banking product infrastructure:

• Fixed Deposits: The flagship product, now with 10+ bank partners
• Recurring Deposits: A new product vertical enabling systematic savings through digital channels
• UPI Credit Line: Leveraging UPI rails for instant credit disbursement

What Made GFF 2024 Special

This was the year that Blostem's traction became undeniable:

• 30+ fintech platforms actively using Blostem's APIs
• 10+ bank partners onboarded across the FD vertical
• Live case studies from partners like Upstox and Jupiter demonstrating real-world impact

Industry Recognition

The fintech community took notice of Blostem's progress. Several industry panels at GFF 2024 referenced the single-API model that Blostem pioneered as a template for how banking product distribution should work.

Key Takeaways

GFF 2024 reinforced our conviction that the market is ready for banking infrastructure-as-a-service. The conversations shifted from "why do we need this?" to "when can we integrate?" — a clear sign that Blostem has moved from evangelising to executing.