YES BANK has signed an MOU with Accelerated Computing Enterprise Pvt. Ltd. (doing business as "Cloud Ace India"), a prominent provider of cloud solutions. The partnership is a significant step forward in YES BANK's commitment to promoting technological innovation and worldwide digital transformation. It also highlights the Bank's efforts to support firms, startups, and entrepreneurs by leveraging modern cloud technology and financial skills. 

 

The goal is to improve customer convenience and security through cloud tech and provide tailored support to startups via YES Connect. YES Connect is a groundbreaking platform that serves as a one-stop solution for both existing and potential YES Bank customers, as per ANI.

 

A key component of this collaboration is the commitment to support innovation through the supply of cutting-edge cloud technologies and financial services. The alliance aims to help businesses streamline their operations, decrease expenditures, and achieve efficient growth by combining Cloud Ace's expertise in cloud infrastructure with YES BANK's financial understanding.

 

Speaking about the collaboration, Sanjiv Roy, Country Head - Fee Based Products & Service Experience, YES BANK said, "Through relentless efforts and collaborations with burgeoning fintech players, YES BANK has been taking ahead its mantle of being the banker of choice for the startup community. Through this tie up with Cloud Ace India, we intend to offer cloud computing solutions to our customers, along with our suite of cutting edge banking solutions. This partnership aligns with the vision statement of our YES HeadStartup programme. YES HeadStartup is a programme curated for the flourishing startup ecosystem of the country. YES BANK aims to provide best-in class solutions for business and personal banking needs of the startups, founders and their employees."