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Payments General

India's Prime Minister announces fintech API exchange in Singapore

Wednesday 14 November 2018 | 08:59 AM CET

India`s Prime Minister Narendra Modi has launched API Exchange (APIX), an online marketplace and sandbox for fintech-related APIs.

Developed by the ASEAN Financial Innovation Network – a group headed by the Monetary Authority of Singapore, the ASEAN Bankers Association, and the World Bank’s International Finance Corporation – APIX will allow fintech businesses and financial services providers to discover potential partners.

The APIX would facilitate collaboration between startups and other enterprises in India, Southeast Asia, and the rest of the world, helping to drive financial innovation and inclusion.

More: Link
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