Quinte Financial Technologies and Tamil Nadu Government Join Forces for Fintech Growth in Tier II Towns

American fintech firm Quinte Financial Technologies announced a collaborative partnership with the Tamil Nadu government on Tuesday to establish development centers in tier II towns within the state. The move aims to tap into the rich talent pool available in these regions, focusing on high-end expertise in Artificial Intelligence (AI), Machine Learning (ML), automation, and banking and finance.

Expressing enthusiasm about the expansion, Sriram Natarajan, President of Quinte Financial Technologies, stated, “We are excited about expanding our operations in Tamil Nadu. This is a critical juncture in our journey, and we are eager to contribute to the growth and development of the state by leveraging the expertise of the local workforce.”

Quinte Financial Technologies, specializing in process automation, analytics, and human intelligence for financial institutions, emphasized that establishing centers in tier II towns reflects a commitment to inclusivity and collaborative growth in Tamil Nadu’s evolving business landscape.

V. Vishnu, CEO of Guidance, the nodal agency for investment promotion and single-window facilitation under the Government of Tamil Nadu, highlighted, “Quinte Financial Technologies’ choice to establish its AI and ML banking operations in Tier-II towns of Tamil Nadu underscores the abundant talent pool present in the state across Tier-2 and Tier-3 locations. This decision also reflects the state’s commitment to fostering regionally balanced growth.” The partnership signifies a strategic move aligning with the state’s vision for comprehensive development and inclusive economic progress.