Nomura Launches Voyager Program in India, Exploring New Technologies

Nomura is launching a new fintech partnership in India, which will explore new technologies for its business.
Photo: Bloomberg

Asian investment giant, Nomura, has moved forward with a landmark fintech partnership in Indian, tapped Voyager that will help allow the group develop and ultimately harness a number of new technologies for its business and services suite.

The London Summit 2017 is coming, get involved!

Nomura is the latest venue to explore a relationship with fintechs, with many venues and more commonly banks pushing towards a more digitized and versatile product suite. The days of traditional banking mechanisms may not be long for this world and the deployment of technologies such as big data, machine learning, and other blockchain oriented developments appear to be where the financial services industry is headed.

Infusion of Talent

Per the partnership, Nomura is inviting entrepreneurs to participate in the program to help engineer innovative solutions for the capital markets and investment banking space – Nomura plans a more versatile approach to the collaboration with a scope cover virtually every firm or corner of the industry in its focus.

In addition, a Nomura Innovation Centre (NICe) has been set up at Powai in Mumbai to help provide a platform to start-ups that will be selected for the Voyager program. Working at NICe is important as it will help enable entrepreneurs to access Nomura resources and test their concepts and solution, leveraging the firm’s people, processes and technology.

The fundamental goal of the partnership could prompt start-ups to potentially secure Nomura as a client as an investor and obtaining global exposure and scale via association with a well-recognized international investment bank that aims at Connecting Markets East & West.

According to R.K. Rangan, President & CEO, Nomura Services India, in a statement on the partnership, “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.”

“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,” added Yo Akatsuka, Senior Managing Director, Innovations, Nomura Holdings, Inc.

Got a news tip? Let Us Know