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SBI launches innovation hub at Singapore Fintech Festival

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SBI launches innovation hub at Singapore Fintech Festival

The State Bank of India (SBI) has launched an innovation hub in Singapore in partnership with APIX, a global collaborative innovation platform for financial institutions and fintechs. The innovation hub aims to drive financial innovation, digital transformation, and financial inclusion by providing space for fintechs, startups, and innovators to design next-generation financial solutions using SBI's APIs. The hub also offers structured challenges, hackathons, and partnership opportunities for fintechs and startups to gain recognition and reach millions of users in India. Separately, Gupshup, an India-based conversational AI company, has established a presence in Singapore's financial services sector through a partnership with Standard Chartered Bank.

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