The island nation of Mauritius will now have a sovereign fund dedicated to investment in fintech.

According to reports, high-level Fintech and Innovation-driven Financial Services Regulatory Committee panel met last week to discuss the possibility of the fund that would focus on, among other things, fraud, security, and blockchain.

The committee consist of seven members, with the intention of promoting fintech growth in the country.

No details on the amount of the fund or the timeline of its establishment was revealed.

Read more on Finextra and MoneyControl

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