Name the Indias 1st FinTech centre of excellence, which was set up by the Software Technology Parks of India (STPI) in association with Electronics Corporation of Tamil Nadu(ELCOT) .

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Name the India’s 1st FinTech centre of excellence, which was set up by the Software Technology Parks of India (STPI) in association with Electronics Corporation of Tamil Nadu(ELCOT) .

A	FinPark
B	FinTech
C	FinSmart
D	FinBlue

Explanation:

Detailed explanation-1: -India, December 29, 2022: 1 Click Capital breaks new ground by becoming the first NBFC in India to provide unsecured payroll financing. The lending market in India is worth 1 lakh crore, with 95% going to 5% of the companies.

Detailed explanation-2: -About Finblue The STPI FinBlue, a Center of Excellence in FinTech, is organising a start-up Pitchfest funded by the Government of India. This is an initiative, to identify and evaluate promising start-ups in the field of FinTech, that will be hosted in the Incubation facility at STPI Chennai.

Detailed explanation-3: -MeitY has initiated a Centre of Excellence (CoE) on FinTech at STPI, Chennai to provide infrastructure, resources, coaching/ mentorship, technology support and funding to emerging start-ups in the FinTech sector.

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