Odisha Forges Fintech Future: Singapore Collaboration Launches Bhubaneswar Hub
The Odisha government has joined hands with the Singapore-based Global Finance & Technology Network (GFTN) to establish a state-of-the-art Integrated Global Financial Technology Capability Hub (I-GFTCH) in Bhubaneswar. This significant development was announced on August 1, 2025.
The I-GFTCH aims to boost Odisha’s burgeoning fintech sector and attract substantial foreign investment. It will provide a platform for innovation, skill development, and collaboration in the financial technology space.
This partnership leverages GFTN’s global expertise and network to create a vibrant fintech ecosystem in Odisha. The hub will focus on areas like digital payments, blockchain technology, and financial inclusion.
The initiative is expected to generate numerous high-skilled jobs and contribute significantly to Odisha’s economic growth. It positions the state as a leading player in India’s rapidly evolving fintech landscape.
This collaboration marks a crucial step in Odisha’s digital transformation journey, bringing global expertise to its doorstep and paving the way for a more inclusive and technologically advanced financial future for its citizens. The success of this venture will be keenly watched by other states looking to attract foreign investment and develop their fintech sectors.
