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Visa selects five startups across Asia Pacific for first accelerator program


April 07, 2021
Inaugural cohort of startups selected from hundreds of applicants across Asia Pacific and globally
SINGAPORE, April 7, 2021 /PRNewswire/  Visa, the world s leader in digital payments, has selected five startups to be a part of the first Visa Accelerator Program in Asia Pacific: Brankas, Curlec, DigitSecure, ModusBox and Open.
Startups joining Visa s inaugural accelerator program in Asia Pacific meet members of the Visa team at a virtual kickoff event
Over the next four to six months, the startups will focus on creating defined commercial opportunities to collaborate on new payment solutions with Visa and its extensive network of bank and merchant partners. A key goal for the accelerator program is to support startups that have launched successful solutions in their home markets as they plan their next stage of growth. ....

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FinTech: Fintech community embraces FM's measures, expects wise usage of Rs 1,500 crore funds


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Some fintech players are finding it early to comment on the initiative and expected more from the Budget for financial inclusion.
Among the measures announced on Friday under the Union Budget 2021-22, the
fintech industry also had something to cheer about. Finance Minister Nirmala Sitharaman mentioned that the Government would support the development of a world class Fintech hub at the GIFT-IFSC (Gujarat International Finance Tec-City, India s first International Financial Services Centre).
The minister also highlighted a significant increase in digital payments in the last couple of years “There has been a manifold increase in digital payments in the recent past. To give a further boost to digital transactions, I earmark Rs 1,500 crore for a proposed scheme that will provide financial incentive to promote digital modes of payment,” she said. ....

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Budget 2021: Startup ecosystem reacts to fintech provisions announced by FM Nirmala Sitharaman


Budget 2021: Startup ecosystem reacts to fintech provisions announced by FM Nirmala Sitharaman
Fintech startups across the board welcomed FM Nirmala Sitharaman s Rs 1,500 crore proposal to boost digital payments, saying it was a testament to how the industry proved it worth during the COVID-19 crisis.
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Union Finance Minister Nirmala Sitharaman s Budget 2021 contained several incentives for the burgeoning financial technology industry, which saw monumental growth last year in areas, including
digital payments, retail investments via online brokerage platforms, insurance buying, and digital banking, among others.
Some of these were:
A world-class fintech hub at GIFT City (Gujarat International Finance Tec-City) aimed at encouraging and developing innovative financial technology services and products. ....

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