Prudential selected three fintech startups for its inaugural cycle of the PRU Fintegrate Partnership program.

Each of the three startups Kyckr, Moxtra and Sqreem will work with Prudential to develop digital solutions and will go on to work with Prudential mentors and business teams to finalize proof-of-concepts for their proposed solutions.

Kyckr, Moxtra and Sqreem were chosen from a shortlist of six finalists based on their value proposition, alignment with Prudential’s strategy and business requirements, and their potential to deliver a pilot successfully, Prudential said in a press release.

Five-Year Deal

The induction into the PRU Fintegrate Programme is the second success for Moxtra and Sqreem in less than a week. They were both recently honored as winners of the Global Fintech Hackcelerator at the Singapore Fintech Festival (SFF) on November 16, 2017.

Prudential was a mentor to fintechs participating in the Global Fintech Hackcelerator and a sponsor of the 2017 edition of the SFF. Prudential Singapore recently announced a five-year agreement with the Monetary Authority of Singapore to be a main sponsor of the SFF through to 2022.