India Is Open For Fintech, Innovation And Collaboration
The Forbes website reported that financial technology in India is moving from a more competitive attitude to a collaborative one – a quality becoming more and more effective in the fintech space. Managing Director of Startupbootcamp FinTech Mumbai Adrian Johnson agreed that open innovation has taken hold in the Indian fintech sector and it will only become more and more accepted in the future. ‘Collaboration is the need of the hour for startups and corporates, and as digital transformation makes its way through the economy, we foresee increased collaboration between startups and corporates, as well as continued efforts from banks and other financial institutions to reduce friction at all customer touch points,’ Johnson said.
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