Lucknow, Jan. 20 -- The state government announced plans to develop a Fintech Park on 250 acres in Sector-11 of the Yamuna Expressway Industrial Development Authority (Yeida), on Tuesday.

The state government has roped in a consultancy agency to prepare a detailed project report (DPR).

This project is being shaped not only as an IT park but as a complete financial technology ecosystem.

According to the state government, the fintech park will provide a common platform for companies connected to banking, digital payment, insur-tech, invest-tech, fintech SaaS (financial technology software as a service), and international money transfer.

All modern technologies related to financial services will be developed here and established on the s...