Yes Bank has launched ‘Yes Fintech’, a business accelerator program in association with T-Hub a startup incubator set up by the Telangana government and Anthill – a speed scaling platform for early growth stage start-ups.
‘Yes Fintech’ is inviting applications from across the worldwide community, till February 3 on its website and the top 12 selected new businesses will finally enroll in a 15 week dual destination program, devide between Mumbai and Hyderabad, said a release issued by the bank.
Yes Bank has been teaming with and supporting over 100 fintech start-ups in the country to provide innovative financial solutions to its corporate, SME and retail customer base as part of its Alliances, Relationships & Technology (ART) approach to digitised banking, it said.
“Yes Fintech Accelerator will further augment this approach and help the bank co-create disruptive innovations in the financial inclusion, MSME focused solutions, payments, lending, compliance, risk management, trade finance, capital markets and Forex and treasury space,” stated in release.
The financial services industry is on the cusp of a digital revolution and financial technology start-ups are leading this change said MD & CEO of Yes Bank, Rana Kapoor.
“Yes Bank has been actively collaborating with fintech start-ups through its ART model to provide innovative banking solutions to the customers,” Kapoor included.
“Yes Fintech Accelerator takes this philosophy forward and provides start-ups a platform for creating sustainable and market ready products,” he said.
Checkout Latest IT news at itvoir.com
Sameeksha Bhardwaj, From ITvoir News Desk