IDBI Intech ropes in UK-based Lemon Advisors for overseas foray

IDBI Intech, the technology services arm of IDBI Bank, is expanding into business geographies like Europe, South East Asia and Japan to provide IT products and services in areas including regulatory compliance.

It has roped in technology advisory firm, Lemon Advisors UK Ltd, to extend their fintech products and services for the banking & financial services sector to new global markets.

This association will help IDBI Intech access global markets where it aims to leverage the significant reach that Lemon Advisors brings on board, across the geographies in Southeast Asia, Japan, Australia, the UK and the EU, the company said in statement.

The company aims to build a profitable portfolio of its global revenue over the next 18-24 months from these regions.