The Andhra Pradesh government has signed MoUs with VISA and Thomson Reuters to bring them to Andhra Pradesh. The MoUs were signed in Mumbai on 22nd February in the presence of Chief Minister N Chandrababu Naidu.
The two companies will set up establishments in the Fintech Valley at Rushikonda. In addition to VISA and Thomson Reuters, Fitech Valley here has so far signed 13 MoUs with various fintech firms. Thomson Reuters will build fintech initiatives using government-provided infrastructure and university resources.