Business brief

SMEStreet Wednesday said it has formed a joint venture with Canadian fintech accelerator programme Findigm to bring the initiative to India. The tie-up will help the startups of this ecosystem to avail the best for their fintech related market vision, a statement said.

"Fintech is getting considered among the top five business priorities for startups and aspiring entrepreneurs in India. This strategic association between SMEStreet and Findigm will address a wide market segment," SMEStreet founder Faiz Askari said. He added that through this tie-up, the whole pre-launch process for any fintech startup will become efficient.

Findigm India will focus on providing startups with their proprietary frameworks and APIs developed in the areas of blockchain, machine learning, AI-based technology and global payments solutions that ease out the pressure of surviving in business for the initial days of product development and faster deployment to markets.