Fintech firm Quinte, Tamil Nadu sign deal to set up development centres

Quinte Financial Technologies, a global fintech firm headquartered in the United States, has entered a partnership with the Tamil Nadu government to establish technology development centres in Tier-II cities of the state.

Quinte and the state have signed a memorandum of understanding to use people skilled in artificial intelligence (AI), machine learning (ML), automation, and banking and finance for the development centres.

Guidance, Tamil Nadu government’s nodal agency for investment promotion, said Quinte will launch AI and ML banking operations in Tier-II cities.