Co-Foundry & Plug and Play establish fintech accelerator

Hong Kong cityscape. Image Credit: Wikimedia Commons

The Co-Foundry (TCF), a Singapore-based venture accelerator and a co-working space, has launched a fintech accelerator, together with the Silicon Valley accelerator Plug and Play (PnP).

The new TCF-PnP program is planning to accelerate fintech startups in partnership with OANDA Asia Pacific and Singapore-based VC and PE firm BlueHill Asset Management Singapore.

Following the deployment of the US-Singapore Multi-Stage Accelerator Programme launched in December 2014, this accelerator programme aims to support fintech startups over the span of 6-12 months, depending on the developmental stage of the startup venture.

Funding support ranges from the pre-seed stage, up to a limit of $200k, and a maximum seed funding threshold of $1 million. Companies are also given the option to start in Singapore or the Silicon Valley, depending on their target market.

Under this collaboration programme, they can also conduct an exchange with the other accelerator.

Infrastructure support, such as office space, amenities, corporate services and access to business & technology mentorship from TCF, Plug and Play, OANDA and BlueHill are also available.

Networking events and ideation workshops are additional resources that startup ventures undergoing acceleration in the programme can access .

Related Story: Startupbootcamp Fintech announces Asian fintech finalists

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.