Formidium, US-based fintech, sets up new office in India; plans to hire 40-50

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Formidium, US-based fintech, sets up new office in India; plans to hire 40-50
Formidium, US-based fintech, sets up new office in India; plans to hire 40-50

Formidium, a US-based fintech company, stated that it has opened a new office in India and plans to hire more than 40–50 people for various roles.

The corporation, Formidium, established its new office, the Centre of Innovation (COI), in Bengaluru.

The US-based fintech business announced on Monday that it has opened a new office in India and expects to hire over 40–50 workers for various roles. during the following three years.

The corporation established a new office in Bengaluru, called the Centre of Innovation (COI).

“We are looking to tap into the exciting talent pool available in India’s Silicon Valley to provide momentum to our journey as a tech-enabled fintech firm in the fund administration business,” Nilesh Sudrania, Formidium’s founder and CEO, said in a statement.

We are hoping to tap into the vibrant talent pool available in India’s Silicon Valley to offer momentum to our path as a tech-enabled fintech enterprise in the fund administration industry.” Formidium’s creator and CEO, Nilesh Sudrania, issued a statement.

“We will hire over 40–50 candidates in the next three years and expect to double the headcount in the next five years,” he said. According to the company, the new office will be responsible for managing and leading research, development, and execution initiatives in blockchain, AI, and fintech.

Formidium is recruiting for talent in cloud, security, blockchain, and Gen Al for the COI. Positions are available in engineering, architecture, and product roles.

Formidium has been operating in key Indian cities, such as Jaipur and Ahmedabad, since 2016 and currently employs over 800 people in India.

The organization prioritizes technology to improve fund administration and investment management. It offers fund managers innovative solutions while also providing high-quality fund services with a worldwide reach.

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