South African brokerage firm Banxso has announced plans to enter the Indian market.
According to the company, it has secured licenses in multiple countries, aiming to capitalize on India’s growing digital economy.
Banxso emphasized the importance of fostering collaborations between government agencies, industry players, and technology innovators to create an environment conducive to technological innovation.
“India’s burgeoning digital economy presents a ripe opportunity for Banxso’s financial technology,” said the company. “Our innovative solutions have the potential to drive financial inclusion in India.”
As the Indian fintech sector continues to evolve, Banxso claims that it would contribute by offering cutting-edge solutions tailored to the needs of the Indian market.