Startupbootcamp Fintech selects 10 international startups for its Singapore programme

Founders of Startupbootcamp FIntech 2016 cohort

Startupbootcamp FinTech, a financial technology (fintech) accelerator, has selected 10 international startups to join its Singapore programme. The 2016 cohort includes teams from across Asia Pacific and were chosen by a panel of industry experts, including representatives from Startupbootcamp FinTech’s partners.

The 10 teams – hailing from from India, Australia, Cambodia, South Korea, Malaysia, Singapore, Taiwan and Thailand – reflect important trends in fintech, among them insurance technology, data analytics and financial solutions for small and medium enterprises (SMEs), which are all relevant areas for consumers and businesses in Southeast Asia, the accelerator said in a statement.

  • BanhJi, an industry-specific accounting platform built for SMEs and NGOs with collaborative financial management features.
  • Boundlss, which uses biosensor data in aiding health & life insurers attract & retain healthy member.
  • Cefy, a credit scoring system.
  • Coinluck, is social credit card issuer.
  • Connaizen, a bank-driven micro targeting solution for retailers.
  • Currenseek, a location-based and community-driven currency exchange rate comparison app.
  • PolicyPal, a digital insurance manager.
  • Kochi, a machine learning-powered platform aid individuals investment management
  • SETScope, a platform that evaluates stocks using multiple metrics
  • Supertext, a mobile commerce chat interface

Also Read: Fintech a growth market, blockchain a game-changer: Steven Tong

Startupbootcamp Fintech forges tech & data partnership with Thomson-Reuters

According to Startupbootcamp Fintech, when the programme starts from 18 April 2016, the successful startups will benefit from extensive mentorship from more than 400+ entrepreneurs, investors and corporate partners, guiding them through the various stages of venture development and scaling across Southeast Asia. After three months of acceleration, the 10 teams will be invited to present their companies to more than 500 investors, mentors and partners during Demo Day.

Following the Demo Day, startups will also have access to the Alumni Growth Program, a global network of 2,000+ mentors, 2,000+ investors, 125+ startups, and exposure to startup hubs in London, Singapore, and New York.

Commenting on the latest cohort, Neal Cross, chief innovation officer of DBS Bank said, “As part of our S$10 million investment into the development of the Singapore finTech startup ecosystem, we are proud to be working with Startupbootcamp FinTech again to scout and accelerate 10 promising FinTech start-ups from around the region.”

Cross added, “The exchange between our employees and these start-ups is a strategic move towards engaging with emerging innovations and discovering potential areas for disruption.”

The teams will receive access to mentorship, S$25,000 and four months free office space at Singapore’s startup hub BASH at Block 79. They will also be able to tap on the strategic partnerships Startupbootcamp has forge with MasterCard, CIMB, RHB, DBS, Intesa SanPaolo, Thomson Reuters, PwC, PixVine Capital, Jungle Ventures, Accreditation@IDA and Infocomm Investments (IIPL).

Also Read: Dragon Capital, StanChart join hands to launch Vietnam Fintech Club to develop nascent sector

Asia Pac banks face growing threat to profit from internet finance firms

Financial technology is financial intelligence: Paul Schulte

Building engines of innovation within DBS:Neal Cross

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.