Equitas Small Finance Bank launches 'Equitech'

Equitas Small Finance Bank has launched 'Equitech,' a fintech accelerator aimed at supporting the startup ecosystem. This programme is designed to scale-up and help fintechs curate their products and define a go-to-market strategy.

This will help the fintechs reach the next level and take its product to the market in a more targeted manner. The programme has been launched on August 7 and the application process for the enrolment has commenced.

Speaking on the occasion, Murali Vaidyanathan, senior president and country head (branch banking - liabilities, products and wealth) at Equitas Small Finance Bank, said: "The programme is carefully planned to support the growing entrepreneurs to achieve their goal and benefit the society."

It aims to augment the fintech ideas into outcome-driven partnerships with key focus on product and customer acquisition. Equitech will be focusing on banking technology such as payments, lending, Current Account and Savings Account (CASA), transaction banking, Application Programming Interface (API) banking, governance andregulations as well as other technologies such as agri-tech, banking tech, clean energy and government tech. Equitas will provide the necessary support required from legal and regulatory aspects. Deep-dive sessions with a pool of mentors and industry experts will be an added advantage to the budding entrepreneurs.