back Back
Seeking to raise capital? Seeking to invest? Click Here & Express your early interest to be a part of IBS Intelligence’s new fund initiative.

YES BANK partners with The Fintech Meetup to drive grass root level FinTech

By Leandra Monteiro

December 08, 2021

  • Banking
  • Digital Infrastructure
  • FinTech
Share

YES BANKYES BANK has partnered with The Fintech Meetup to launch the fourth edition of The Fintech Yatra: a unique 60-day road journey spanning 10,000 km across rural and urban India, undertaken with the aim of accelerating the growth of the country’s FinTech ecosystem.

With this partnership, YES BANK hopes to further accelerate the FinTech revolution it had helped bolster by being the first Indian Bank to make APIs available to FinTech partners for financial transactions. One of the market leaders in the payment ecosystem with around 40% market share in UPI by volume coupled with significant share in IMPS, AePS and NEFT, YES BANK will leverage the forum to mentor these start-ups and co-create innovative solutions with them.

In addition to providing the start-ups basic banking services and access to funding and advisories on market strategy, the Bank will also extend its digital infrastructure to help these companies get ahead in the marketplace.

Speaking on the occasion, Ajay Rajan, Country Head, Transaction Banking Group, YES BANK said, “The financial services industry is on the cusp of a digital revolution and financial technology start-ups are leading this change. YES BANK has been on the forefront of collaborating with fintech start-ups and associating with The Fintech Yatra was a natural choice as it is a unique accelerator program that provides specialised services to start-ups across the country. Both the organisations share the belief that fintech start-ups will become the principle growth drivers in the new economy for both India and Bharat. It will be our endeavour to handpick start-ups from the program and offer them access to YES BANK’s digital banking infrastructure as well as robust customer network, in an effort to help them scale.”

Abhishant Pant, Founder, The Fintech Meetup opined, “It gives us immense pleasure to partner with YES BANK for the fourth edition of the Yatra. This will be a great opportunity for participating start-ups to take their business to the next level by bringing to them the necessary direction and mentorship to scale, a chance to co-create innovative solutions for YES BANK’s customers, and giving them access to a vast network of investors and VCs.”

Previous Article

December 08, 2021

Flow Traders takes a new market position as an active liquidity provider on MarketAxess

Read More
Next Article

December 08, 2021

Green Hedging: Interview with Alex Lawson, Regional Director at WUBS, UK & Europe

Read More










IBSi Daily News Analysis

The Weekly Wrap

August 12, 2022

Banking

The Weekly Wrap: all you need to know by Friday COB | August 12th

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Synctera announced the appointment of Yvette Butler to its Board of Directors

Read More

Today

Great Southern Bank drives digital transformation with Fiserv

Read More

Today

ANZ New Zealand selects FIS’s modern banking platform

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022