While demonetisation helped drive digital adoption for financial tech firms in 2017, GST implementation helped spawn companies in the accounting software space.

The year 2017 saw a remarkable growth in the adoption of digital payments in India.

The same happened on the back of government's initiatives such as demonetisation it took in 2016.

Besides the unicorns, a lot of younger start-ups also got benefited by the government's push for a digital India.

Here's what a few of the top entrepreneurs in India's fintech space expect to achieve in 2018: 

Rajat Gandhi, founder and CEO, Faircent.com

"2017 has been a milestone year for P2P lending platforms in India, as for the first time, the government introduced directives that brought the sector under the regulatory ambit of the RBI and classified the companies as NBFCs.

These new regulations will help P2P lending companies break into the mainstream financial services' market by improving public awareness and making it easier to attract higher investment, boost expansion efforts and remove uncertainty.

We look forward to continue investing in technology-driven processes and newer credit-evaluation mechanisms to aid lenders in making high returns from their investments on the platform while assisting individuals and small businesses in solving their credit problems faster and more effectively."

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