FinTech Decoded
How money actually moves through Indian systems — UPI, rails, risk and regulation.
What you will be able to do
Not topics covered — things you will be able to do when you finish.
India did something genuinely remarkable with UPI, and most people who use it forty times a month have no idea how it works or why it is unusual.
This is not a coding course. It is the map — who does what, where money actually sits, and what the failure modes are. Useful whether you work in finance, build products, or just want to know what your phone is doing.
About this programme
You use UPI several times a day. Almost nobody can explain what happens in the four seconds between tapping pay and seeing the confirmation.
This programme explains the machinery: the rails money moves on, who the players are, how digital lending actually works, where fraud enters, and which regulator governs what. India built the most-copied payments system in the world, and it is worth understanding.
Before you start: None. No technical or financial background needed.
The curriculum
Every module below leaves you with one named skill. Open a level to see them.
1 How money moves 420 XP
The rails underneath every payment you make.
Four seconds, six parties. Once you can trace it, everything else in fintech makes sense.
- What happens in the four seconds after you tap pay 6 min
- The six parties involved in one UPI payment 5 min
- Where the money physically sits at each moment 5 min
NEFT, RTGS, IMPS, UPI. Four systems, four purposes, and knowing which is which explains a lot of odd behaviour.
- NEFT, RTGS, IMPS and UPI compared honestly 6 min
- Why some transfers are instant and some are not 5 min
- Limits, cut-offs and settlement windows 5 min
Cards look simple and are not. The economics explain most of what seems strange about them.
- Issuer, acquirer, network: who does what 5 min
- Interchange and where the money goes 5 min
- Why merchants push UPI over cards 4 min
2 The Indian stack 420 XP
UPI, Aadhaar, account aggregators — what India built and why it is unusual.
Half the world is copying it. Knowing what is actually novel is worth understanding properly.
- Interoperability: the actual innovation 5 min
- Zero MDR and who pays for the system 6 min
- What other countries are copying and why 5 min
The quiet piece of infrastructure that changes what lenders and advisers can see.
- Consent architecture and how it works 6 min
- What an AA can and cannot see 5 min
- Why this changes lending and advice 5 min
Everyone complains about it. Fewer people understand what it is preventing.
- What KYC is actually for 5 min
- Full KYC, min-KYC and video KYC 6 min
- Where it fails and where it over-reaches 6 min
3 Lending, risk and rules 470 XP
Where the money is made, where it is lost, and who is watching.
The fastest-growing and most-regulated part of Indian fintech, for good reason.
- How a loan is approved in sixty seconds 6 min
- Alternative data in underwriting 6 min
- FLDG, co-lending and where the risk really sits 6 min
Essential. The same handful of patterns account for most losses, and they exploit the system's design, not its bugs.
- Social engineering: the biggest category by far 6 min
- Collect requests, QR scams and the UPI-specific ones 7 min
- Mule accounts and how money leaves the system 6 min
- What actually protects people, and what does not 6 min
RBI, SEBI, IRDAI, NPCI. Knowing who governs what makes news stories legible.
- RBI, SEBI, IRDAI, PFRDA and NPCI: who does what 6 min
- Why a fintech often answers to several at once 5 min
- Reading a regulatory circular without panic 5 min
The certificate
Awarded when you finish every level and pass the final exam (25 questions, 75% to pass).
- Lists the specific skills you proved — not just the programme name
- Carries a QR code anyone can scan to verify it independently
- Merit at 85%, Distinction at 95%
- One click to add it to your LinkedIn profile
This is a programme certificate issued by NexImpera Academy. It is not a regulatory qualification and does not confer any licence to advise on investments.
Questions people ask
Is this a coding course?
Is it only about UPI?
Will this help me get a fintech job?
Educational content only. Nothing here is investment advice, and no example is a recommendation to buy or sell. NexImpera is not a SEBI-registered investment adviser.