Addressing the gathering at the inauguration of the two-day event through video conferencing, the chief minister Chandrababu Naidu said that, “TheFinTech Valley Spring Conference is the state’s progress towards the fourth industrial revolution which is a spectacular combination of technology and Internet of Things. He believes that the demand for FinTech is growing each day. He added, “To meet this demand, we will need support from Fintech and cyber security companies. We also need academic institutions to adopt a curriculum that trains individuals to contribute to the Fintech sector”.
The CM of Andhra Pradesh hopes that this spring conference will provide multiple opportunities to meet the technological requirements of the country and the global economy at large. More than 150 start-up companies competed in four Fintech challenges and over 30 international delegates participated in the conference. “Indian IT 1.0 is facing difficulties and steps towards IT 2.0 will be backed by Fintech”, said special chief secretary and IT advisor to the Government of AP, JA Chowdary.
Finally the CM offered full support to organisations, incubators, facilitators and start-ups, besides inviting everyone to come out with out-of-the-box ideas to be a part of FinTech Valley.