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Rubique Signs MoU for Andhra Government’s Fintech Valley Initiative

Rubique Signs

Starts the engagement by collaborating as Ecosystem partner at the Blockchain Business Conference conducted in Vizag

Rubique has signed an MoU with the Andhra Government to be a part of its Fintech Valley Initiative and is foraying into the geography with its first branch in the city of Vizag.

By collaborating with the Andhra Pradesh Government, Rubique is said to digitalize the financial sector by bringing tech-driven paradigm shifts in traditional practices through its unique Online PLUS model. The platform enables users to get the best KYC, credit bureau integration, banking analysis, enhanced logic in proprietary matchmaking algorithm, and the addition of new data science methodologies. Additionally, its AI deals and have their loan applications processed faster through PAN verification, Aadhaar based e-and decision engine powered bot, Rubot, is aimed at easing the transaction experience, whereas the TAB solution offers a wide SME product portfolio.

Commenting on the partnership, ManavJeet, MD & CEO, Rubique said, “Andhra Pradesh is becoming one of the pioneers of the digital revolution in India and we are quite excited to be a part of this upcoming ‘Fintech Valley’ of the country. Through our expansion in the state, we are hoping to witness nearly fivefold increase in the number of aspiring entrepreneurs and individuals who would be willing to take the digital route of raising finance to fulfill their business goals.”

JAChowdary, Special Chief Secretary & IT Advisor to the Chief Minister – Govt. of AP. – ‎said, “Vizag is transitioning swiftly towards being a dynamic ecosystem, responding well to fintech opportunities. There is an immense opportunity in India shift from traditional practices and help customers with easy access to finance, thereby reducing the credit gap. We are happy partner with Rubique, whose vision is aligned towards collaborating to create a fintech ecosystem in Vizag.”

As a start of this engagement, Rubique is participating in a mega-conference on Blockchain organized by the Government of Andhra Pradesh on the 9th& 10th October. Rubique has also announced an award of Rs. 2 lacs and wild card entry into its upcoming “Fintech EDGE” award in collaboration with CNBC TV 18 for “Outstanding Blockchain idea”, which was to be chosen from the Startup challenges nominees at this conference.

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Vikas Kumar

I have a passion to learn new things. There are always possibilities for learning. Everything needs to be analyzed critically, and I believe to do it by creating a solid bond between a reader and writer. Whether, it is an article or news story, it should not be distorted and must be reported in a balanced way. I believe to stick to the ethics of journalism.

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