Nomura announces ‘Voyager’ fintech partnership in India

Asia’s global investment bank Nomura has announced the launch of ‘Voyager - Nomura FinTech Partnership’ in India.

The fintech partnership is focused on harnessing emerging technologies in a move to help transform the businesses and services. Nomura Innovation Centre (NICe) has been established in Mumbai, India that will offer a platform to startups selected for the Voyager program.

Also, Nomura has invited entrepreneurs to take part in the fintech program where they will collaborate to build innovative solutions for the investment banking as well as capital markets. These solutions can be implemented across the firm and financial industry.

“New technology, supported by an innovation-driven ecosystem, has resulted in an environment of increasing collaboration between new and traditional market players. Building on this momentum, Voyager is a program for start-ups to engage with Nomura to drive innovation through its global network,” R.K. Rangan, President, and CEO at Nomura Services India said.

The Nomura Innovation Centre will allow entrepreneurs to access Nomura resources and test their concepts and solutions by leveraging the technology and processes of the company. With this, startups will potentially gain Nomura as a client as well as an investor and obtaining global exposure.

“Nomura has already gained momentum in FinTech with the launch of Financial Innovation Office globally, an accelerator program in Japan, and the establishment of N-Village, a wholly owned subsidiary, to promote new business development and open innovation. We also plan to create a new 10 billion yen fund to provide financial support to start-ups,” Yo Akatsuka, Senior Managing Director, Innovations, Nomura Holdings, said.

For the fintech Voyager program, Nomura has collaborated with PwC as a knowledge partner as well as with Google, IBM and Amazon Internet Services.