KNOLSKAPE, a modern workplace experimental learning company, announced on Wednesday it was selected as the knowledge partner of the new fintech education program of Andhra Pradesh (GoAP), a state in India. The company stated it would forming partnerships with universities in the state, along with banks and companies within the fintech industry to develop the curriculum.
“I see a bright future in banking BFSI and FinTech for those pursuing management and engineering degrees. Skills development is a fundamental foundation block to enable this. Sensing there will be a paradigm shift in the jobs of the future, being digital will be a prerequisite. As a global top 20 gamification company, we will utilize our deep expertise to promote digital readiness and expertise to promote Andhra Pradesh as a leading light for the digital and fintech readiness.”
KNOLSKAPE also noted that Chief Minister N. Chandrababu Naidu recently inaugurated a technology-based financial services and academic center – Fintech Towers, Vizag, which is a new Fintech University International Institute of Digital Technology. It is on the lines of ISB, Hyderabad and will also be set up in Tirupati. This program will train engineering and management graduates on the use of digital and financial technology, apart from providing a start-up platform for young innovators.
The new fintech program news comes just a few months after the Monetary Authority of Singapore (MAS) signed the Fintech Cooperation Agreement with Andhra Pradesh. This agreement jointly explores technologies such as digital payment and blockchain while collaborating with educational programs. JA Chowdary, Special Chief Secretary and IT Advisor to the Andhra Pradesh Chief Minister, GoAP, noted:
“This agreement between MAS and GOAP will spearhead the creation of a niche, first of its kind ecosystem in the FinTech Valley of India – Visakhapatnam. The knowledge exchange between the startups in Singapore and Visakhapatnam will not only create high quality job opportunities in FinTech but also help provide market access for implementation in both countries. We see this association as the first step towards creation of the FinTech story of the country.”