In Vishakapatnam, the Fintech Valley an initiative of the state government to create a sustainable ecosystem in the city, to promoting the fintech of mutual interest Fintech Association of Hong Kong (FTAHK) have signed an MOU.
The MoU was signed by IT Advisor to Chief Minister J.A. Chowdary and FTAHK director Karen Farzam and founding member Syed Musheer Ahmed, in Hong Kong. The MoU forecast mutual contribution to provide for fintech ecosystem, partnership in a programme and support each other in interfacing with their respective market regulators. The event was organized by the DCF Ventures, the partner for the $1 Million Startup Challenge.
FTAHK, it is an independent not-for-profit organization representing the fintech community expressed it would send a team for participation in the Vizag Fintech Festival, scheduled to be held here from October 22 to 26. They look forward to sign a detailed MoU with Chief Minister N. Chandrababu Naidu during the festival.