Rubique and Andhra Pradesh have big hopes for Visakhapatnam

The digital market place in Visakhapatnam never looked this good. Lending giant, Rubique has inked pact with Andhra Pradesh to bring Visakhapatnam business.

A Memorandum of Understanding has been signed by Rubique with the state government of Andhra Pradesh to be a player in the Fintech Valley Initiative and the place where it wants to make a start is Visakhapatnam. Vizag is the place which Andhra Pradesh is looking to develop as a Fintech hub and the place for everything finance and technology. It is the place that serves as a platform for entrepreneurship, innovation and advancement.

A step forward towards the goal of advancing the financial sector through digitization, Rubique will bring the capacity to modernize and technologically upgrade the lending market place. This will be through their unique proprietary platform called as Online PLUS model. The financial institutions will benefit when the platform will be integrated for real time processing.

As per Money Control, Rubique is really excited about collaborating with AP for the digital revolution that they are pioneering in India. As per Manav Jeet, MD & CEO of Rubique – “Through our expansion in the state, we are hoping to witness nearly fivefold increase in the number of aspiring entrepreneurs and individuals who would be willing to take the digital route of raising finance to fulfill their business goals.”

Rubique exists pan-India with a presence in 27 cities with 2000 crores in investments in various operations.