Startupbootcamp's fintech accelerator has announced 12 international startups selected to join its Singapore programme.
Focused on financial innovation, the latest crop of potential mould breakers represent the most diversified collection to date.
The top 12 teams reflect current trending sectors in fintech, such as Wealth Management, Payments and Insurtech, which are all relevant areas for consumers and businesses throughout the Asia-Pacific region.
In addition to mentorship, each team will receive S$25,000 and six months of free office space at the world’s largest fintech hub, Lattice80.
Expanding Fintech Ecosystem
The 2017 class includes teams from 8 different countries, and demonstrates the accelerator’s commitment to developing fintech ecosystems across the Asia Pacific region and beyond.
Among the top twelve teams for Startupbootcamp 2017 are several from outside the region including:
- MostShorted.com (United Kingdom) Collecting, aggregating & providing data on hedge fund and activist shorts to improve decision making
- Welltrado (Lithuania) P2P lending metasearch engine, an innovative alternative investment marketplace
Local Singaporean interest comes in the shape of SmartFolios an Online advisory and investment platform empowering investors to meet their investment goals.
Regulatory Mentoring
«We’re proud to be collaborating with them to uncover emerging innovations and technology, it’s important that even large organisations such as DBS, continue to engage with rising talent so we can work together towards creating better services for the financial industry,» said Neal Cross, Chief Innovation Officer at DBS Bank said:
The three months of acceleration will culminate in a Demo Day in July, where the 12 teams will be invited to present their companies to more than five hundred investors, mentors and partners.
The program is also supported by the Monetary Authority of Singapore (MAS) who will provide feedback to the startups on regulatory matters.
