NayaOne selected by FCA to build and operate Digital Sandbox
IN BRIEF:
London-based company NayaOne has been awarded the Digital Sandbox tender by the FCA
The FCA’s Digital Sandbox is an initiative that enables innovative companies to develop and test their products in a safe and secure environment
The Digital Sandbox operates a rigorous selection process that evaluates companies based on their potential to make an impact in the financial services industry
What does this mean?
“We are thrilled to have been selected for this prestigious opportunity to collaborate with the FCA on driving innovation in financial services,” said NayaOne CEO Karan Jain “We believe that our digital transformation platform and synthetic data technology will be a valuable asset in helping fintech companies to develop and test their products more efficiently and effectively. “We look forward to developing the relationship with the FCA and being part of any future focus areas, they have, for development within the industry”
