BANKING

Lytus Technologies Holdings plans to spend $50m to expand its fintech offering into India over the next five years. The Nasdaq-listed firm will launch "AI-driven financial services and personalised solutions" as part of its move into India. Initially focused on cable and broadband sectors, Lytus CFO Shreyas Shah predicts Lytus' "fintech products will ... also offer its fintech services to businesses and individuals in rural parts of India to bridge the gap that currently exists in the traditional banking sector".

from Banking/Finance-Industry-Economic Times https://ift.tt/JfvmB1d
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