With an aim to bring fintech innovations and startups from Denmark to India, and facilitate entry of Indian startups to the region, Indian private sector lender Yes Bank has signed MOU with Innovation Centre Denmark India (ICDK India). It is a partnership between the Ministry of Foreign Affairs of Denmark and the Danish Ministry of Higher Education and Science.
The new partnership between the two will help in building bridges to promote innovation and assist fintech companies in India and Denmark to expand into each other’s markets.
It will help creating an Indo-Denmark fintech bridge for creating market access opportunities for startups in Denmark and India, providing technology & infrastructure access and facilitating an exchange program for startups in India and Denmark to understand respective markets.