FinTech Forum to boost city startups

Hyderabad: The city’s fintech startup ecosystem is all set for a major boost with the setting up of the Hyderabad FinTech Forum, a platform for exchange of ideas on technology in the BFSI (banking, financial services and insurance) space.

The forum, aimed at mentoring fintech startups and creating unicorns from the city, already has over 600 members comprising early stage and growth stage fintech startups, heads of R&D and technology departments of global MNCs, and other experts, said a release.

“The forum has already created seven special interest groups (SIG) for domains such as blockchain technology, artificial intelligence, and the like,” ,JA Chowdary, chairman, India Blockchain Standards Committee, said here on Tuesday.

An HFF website, which was also unveiled on the occasion, will provide an exclusive platform for mentor-mentee connectivity for startups seeking mentorship, the release added.

On the sidelines of the launch, an MoU was also signed between Karena Belin, founder, W Hub, Hong Kong, and Priyanka Vallepalli, CEO, Q Hub to enable cross-border exchange of fintech market opportunities, particularly in India, China and Hong Kong.