Fintech firm Quinte to set up development centers in Tamil Nadu

American fintech firm Quinte Financial Technologies on Tuesday said it has entered into a collaborative partnership with the Tamil Nadu government to establish development centers in tier II towns within the state.

It will tap into high-end talent in Artificial Intelligence (AI), Machine Learning (ML), automation, and banking and finance expertise.

"We are excited about expanding our operations in Tamil Nadu," Sriram Natarajan, president of Quinte Financial Technologies said in a statement. "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."


The company which focuses on process automation, analytics, and human intelligence for financial institutions said that the establishment of operating and development centers in tier II towns signifies a commitment to inclusivity and collaborative growth in Tamil Nadu's evolving business landscape.

"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," V. Vishnu, chief executive officer (CEO) of Guidance added.

Guidance is the nodal agency for investment promotion and single-window facilitation under the Government of Tamil Nadu.