News

News

Member News: Fidor Launches APIX with IFC

Member News: Fidor Launches APIX with IFC

Fidor birthed its APIX platform, the first cross border sandbox and marketplace for fintechs and banks at the Singapore Fintech Festival. India Prime Minister Narendra Modi officially launched the APIX platform during his keynote speech. APIX is an initiative by AFIN represented by IFC/ World Bank (International Finance Corporation), MAS (Monetary Authority of Singapore), and ABA (ASEAN Bankers Association). 

Fidor is proud to be part of this initiative, in a consortium with Virtusa, Deloitte and Percipient, to collaboratively deliver the APIX platform bringing together their specialised skills. Such initiative will be a major driver to boost fintech/ bank collaboration with the objective to innovate and solve real problems in accessing finance.  

The availability of APIX is being extended to the Middle East with ADGM (Abu Dhabi Global Market) joining the movement before the platform makes its way to Africa and Latin America.