{"id":123012,"date":"2018-11-21T01:03:48","date_gmt":"2018-11-20T19:33:48","guid":{"rendered":"https:\/\/staging-imarticus.kinsta.cloud\/?p=123012"},"modified":"2022-12-09T06:44:24","modified_gmt":"2022-12-09T06:44:24","slug":"why-global-fintech-startups-like-dxc-cardlytics-and-sosa-are-flocking-to-vizag","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/why-global-fintech-startups-like-dxc-cardlytics-and-sosa-are-flocking-to-vizag\/","title":{"rendered":"Why Global Fintech Startups like DXC, Cardlytics and SOSA are Flocking to Vizag?"},"content":{"rendered":"

The financial capital of Andhra Pradesh, Vizag, has been in the spotlight of late. With news of global fintech (Financial Technology) start-ups flocking to the city, the city has been in the papers quite a bit. This is of course not an overnight phenomenon. Let's consider the reasons why Vizag has now become the financial hub for fintech start-ups over the years. Here are some of the reasons why the city is a hotbed for finance companies to open a base there:<\/span><\/p>\n

Where It All Began<\/b>
\nIn December 2016, the Andra Pradesh state government launched\u00a0<\/span>Fintech Valley Vizag<\/span><\/a>, an initiative to promote the business structure of the state. The programme offered a global Fintech ecosystem to produce growth through industry-enablers, innovations, entrepreneurship and world-class infrastructure. From the very start of the operation, the programme had an ambitious plan to expand as a global Fintech hub.<\/span><\/p>\n

Initiatives<\/b>
\nThe Fintech Valley Vizag rolled out numerous initiatives to develop a thriving Fintech ecosystem in the city. A few of them are listed below:<\/span><\/p>\n