10 Startups Graduate From Startupbootcamp Fintech Singapore 2016by Fintech News Singapore August 8, 2016
Ten startups have graduated from the startup acceleration program, Startupbootcamp Fintech Singapore, with some of them already managing to secure pilots and key partnerships with banks and other financial institutions.
The three-month program ended on July 14, 2016 during Demo Day with the teams presenting their solutions to an audience of over 600 guests from the financial sector.
Designed to showcase the startups’ ventures with the objective of attracting strategic partnerships and investments, Demo Day has allowed some of these teams to secure pilots and collaborations.
For instance, Connaizen, an Indian startup offering a data-driven marketing solution which enables retailers and banks to create targeted campaigns, has signed a partnership with ICICI Bank and RuPay to run pilot programs for their 295 million card holders.
Additionally, Startupbootcamp Fintech Singapore has announced the addition of three new corporate partners, further strengthening its APAC network.
“CIMB, as a firm advocate of banking technology and financial innovation, are looking forward to collaborate with one or more of the fintech startups featured here today,” said Shahrul Nazri bin Abdul Rahim, senior managing director and group head of CIMB Group Corporate Development.
“As mobile penetration continues to increase in Asia, and as part of CIMB’s efforts to extend mobile financial solutions to our target customers including the unbanked population, these innovations become more critical to the financial services industry in Asia.
“Ultimately, these fintech solutions will transform how we service and interact with our customers and clients across the region, creating an ecosystem for 24/7 mobile and online banking products that are not only fast and efficient, but also safe and secure for our customers.”
Startupbootcamp Fintech Singapore’s 2016 class
The ten startups that graduated were chosen among over 380 applications across Southeast Asia earlier this year. They cover varied sub-segments in fintech from insurtech and wealth management to personal financial management.
“2016 saw a diverse cohort of fintech startups hailing from seven different countries across [the Asia Pacific region],” said Steven Tong, managing director of Startupbootcamp Fintech Singapore.
“From entering the program, the teams have made impressive developments, transforming their products, building partnerships and getting terms sheets on the table. We are excited to see where these fintech entrepreneurs will be six month from now.”
Watch all the pitches here, The 10 fintech startups are:
Banhji, a Cambodian startup providing accounting software:
BanhJi 5 Minute Pitch from Startupbootcamp on Vimeo.
Boundlss, an Australian startup that has developed a corporate health platform helping insurers to engage and manage member health:
Boundlss 5 Minute Pitch from Startupbootcamp.
Cefy, an Indian startup that uses monetary transactional, mobile, income and alternative data measure creditworthiness:
Cefy Teaser Pitch from Startupbootcamp.
Connaizen, an Indian venture that has developed a technology which crunches transaction data to provide personalized card-linked offers:
Connaizen 5 Minute Pitch from Startupbootcamp
CurrenSeek, a Malaysian startup that has developed a mobile app to find and compare the best exchange rates locally:
Currenseek 5 Minute Pitch from Startupbootcamp
Hektor, an app that uses everyday activities to drive automated savings by integrating with one’s lifestyle;
Hektor 5 Minute Pitch from Startupbootcamp
hiHedge, a Taiwanese startup that provides AI-driven trading strategies:
hiHedge Teaser Pitch from Startupbootcamp
PolicyPal, a Singaporean insurtech venture that aims at making buying and managing insurance matters simply through a mobile app:
PolicyPal 5 Minute Pitch from Startupbootcamp
Setscope, a Thai venture that provides an AI-powered stock research and portfolio management platform:
Setscope 5 Minute Pitch from Startupbootcamp
SuperText, an India startup that allows brands to engage with their customers through chatbots:
Supertext 5 Minute Pitch from Startupbootcamp .
Startupbootcamp Fintech Singapore’s 2017 cohort registration will start in October 2016.
Featured image: Startupbootcamp Fintech Singapore 2016 Demo Day by Startupbootcamp via Facebook.