Center for Fintech Innovation and Transformation

 CFIT aims for Research and Innovations in Financial Technology space that can achieve equitable access to financial needs for everyone. This will bring out socio economic transformation by building an action-based innovation lab which will achieve solution to the wicked problem of no financial inclusion for 800+ million people below the poverty line in the World.
CFIT is an important wing of TDP Global which is strengthened by leading domain experts form Techfin and Fintech areas vis-a-vis professionals experienced in BFSI and Government sector.

Advisor-CFIT

Mr. S. Bhat, Advisor, CFIT has worked in the technology office of the State Government of Kerala, India. He was assigned to the State Police Department for achieving digital transformation of criminal records maintained in paper form. The digital platform reduced the time for the criminal identification process in the state from 14+ days to 1 day.

He has been working with IBM Thailand, where he has envisioned and led the development of a digital supply chain finance platform for Thailand’s largest National Bank to achieve financial inclusion of 70,000+ low income group stores and offer low cost finance. Prior to joining of the project with State Police Department, Karnataka, he initiated tech start-up named BlockBasket, which had the mission to build a digital platform that made counterfeit free medicines available to everyone. His team strived to solve the problem of dearth in access to safe, low cost antimalarial medicines in Uganda. The digital platform named “Credible” was used by Uganda’s National Malaria Healthcare Program to achieve supply of safe, quality medicines to 97% malaria patients, reducing the deaths from 7500+ in 2017 to 3500 in 2018. The acquisition of startup was given to Ajanta Pharma for $ 1.2 million.