State Bank of India (SBI) APIXLaunch of “SBI Innovation Hub”, a global innovation platform connecting financial institutions and FinTech singapore fintech festival.
The hub will serve as a space for fintechs, startups and innovators to create new financial solutions for SBI’s customer base.
The SBI Innovation Hub provides access to over 250 SBI financial services APIs, a secure sandbox environment for testing, and the opportunity to participate in challenges and hackathons.
The hub’s goal is to accelerate digital transformation and advance financial inclusion.
said Vidya Krishnan, Deputy Managing Director, IT, SBI.
“The State Bank of India Innovation Hub is an important step in our digital transformation mission to drive innovation across our banking and financial services.
The platform’s ability to mutually discover APIs enables banks and group companies to collaborate with global innovators to create and build innovative, impactful, and highly customer-centric solutions. ”
APIX CEO Umang Moondra said:
“The result of our collaboration is an exciting and pioneering innovation hub that represents a groundbreaking opportunity for fintechs and innovators to engage with one of the world’s largest banks in a way that will benefit millions of customers. is.
It also levels the playing field for innovators by providing direct access to the core elements of innovation, such as SBI’s secure sandbox and API suite, helping developers resonate with consumers around the world and improve financial inclusion. enable you to build solutions that facilitate ”
Featured image credit: Edited from freepic
