Page 13 - Fintech Firms
Fintech - old wine in a new bottle
Will fintech revolutionise banking services or is it more hype than substance?
Andhra Pradesh govt wants Vizag to act as global hub for fintech firms
After taking away some of the big investments in manufacturing, especially automobile and textiles, from Tamil Nadu, Andhra Pradesh is now going aggressive in IT, with plans to make the State a hub for fintech and cyber security industry. Some of the Fintech companies from Chennai and Bengaluru are expected to set up their facility in Vizag, said senior officials from the State government.The State says that it is not comparing itself with any other State in the country, but with global start up and research hubs like Silicon Valley. The government has set up Fintech Valley Vizag, a sustainable global Fintech ecosystem, in association with knowledge partner KPMG in 2016 to bring together industry, academia and investors to innovate, co-create & build the fintech ecosystem."We are not comparing ourselves with any other city in the country. We want to create deep expertise in fintech and related segment, and become a global hub," said J A Chowdary, special chief secretary and IT ...
 "Andhra Pradesh govt wants Vizag to act as global hub for fintech firms")