FinTechBhutan

Update to FinTechBhutan Page - Deadline Extension

Posted on: 2020-11-19 10:58:49

The Royal Monetary Authority of Bhutan is pleased to announce that the deadline for the submission of Expression of Interest (EoI) from interested Bhutanese individuals and/or registered IT firms to transform the country's financial technology (FinTech) landscape, products and services through innovative ideas and solutions to create new avenues in the financial ecosystem, to offer benefits through improved access to financial services, to increase the efficiency of existing processes and to create new business opportunities to support digital economy has been extended to November 30, 2020. The interested applicants can visit www.fintechbhutan.bt for more information and e-register, which will be then evaluated by the RMA evaluation committee. Successful applicants will require to develop and test their FinTech solution(s) in a sandbox environment and will benefit from the following: • learning by doing • guidance from domain and regulatory experts • regulatory relaxation wherever applicable • review and feedback from customers and domain experts • access to the FinTech innovation resources during the sandboxing • access to FinTech innovation grant support