YEIDA Extends Deadline for FinTech Hub Application to April 29

The Yamuna Expressway Industrial Development Authority has extended the deadline for applications for its proposed 500-acre FinTech hub in Sector 11 near the Noida International Airport to April 29, from the earlier April 2 cut-off.
YEIDA Extends Deadline for FinTech Hub Application to April 29

Noida, April 17: The bid schedule was revised in view of an upcoming financial summit expected to draw global investors and industry stakeholders.

Revised Timeline

Event Previous Date    Revised Date
Bid due date April 2 April 29
Technical bid opening      April 6 May 1

About the Summit

Money Alpha 360° – a financial summit focusing on finance, investments, wealth management, fintech, and payments – is scheduled on April 24-25 at India Expo Centre and Mart in Greater Noida. A number of investors, institutions, traders, wealth managers, technology innovators, and fintech founders are expected to attend.

FinTech Hub Features

The proposed hub will house:

  • Core financial services

  • Transaction processing centres

  • IT and digital services

  • Customer support operations

Permitted Developments

  • Corporate offices

  • Conference facilities

  • Auditoriums

  • Cultural and information centres

  • Kiosks

  • Health clubs

  • Other support infrastructure

Target Sectors

  • IT/ITeS companies

  • Start-ups and innovation-driven enterprises

  • Digital banking

  • App-based lending

  • Electronic payment systems

  • Insurance technology

  • International money transfers

Authority's Statement

Shailendra Bhatia, Additional CEO of YEIDA, said: "The Authority will also promote its Fintech City in the programme and hope more applicants will come for this project."