Fintech hub at GIFT City: IFSCA in talks with overseas regulators

IFSCA in talks with 10 foreign counterparts to help Indian fintech firms expand globally

The International Financial Services Centres Authority (IFSCA) is in talks with 10 foreign jurisdictions to come up with bilateral agreements to enable Indian fintech startups to expand globally and access foreign capital. 

The IFSCA oversees the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC). And its latest effort is in line with the government’s ambitious plan to set up a world-class fintech hub at the Gujarat International Finance Tec-City (GIFT) IFSC in Gandhinagar, Gujarat.

“We have started the preliminary activities to develop a unique platform for fintechs. Essentially, we are looking to