IFSCA launches Global FinTech Hackathon Series 'I-Sprint’21'

IFSCA launches Global FinTech Hackathon Series ‘I-Sprint’21’

IFSCA launches Global FinTech Hackathon Series ‘I-Sprint’21’

  • The International Financial Services Centres Authority (IFSCA) has launched the global FinTech Hackathon Series ‘I-Sprint’21’ on October 07, 2021.
  • The first Sprint of the series is “Sprint01: BankTech”, which focuses on FinTechs for the Banking sector.
  • Sprint01: BankTech is organised jointly by IFSCA and GIFT city in collaboration with NITI Aayog.
  • The Partners to the Hackathon are ICICI Bank, HSBC Bank, iCreate, Zone Startups and Invest-India.
  • The hackathon will be conducted virtually and is open for all eligible FinTechs from across the Globe.
  • The Price money for this hackathon is Rs 24 lakh

Aim of Sprint01: BankTech Hackathon:

  • to connect IFSCA and GIFT IFSC with FinTech Ecosystem
  • to solve Business Problems for the Banking Units at GIFT IFSC and
  • to promote retail business for the Banking Units at GIFT IFSC.

Source: PIB

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