The world of finance continues to transform. Smart solutions and innovative ideas continue to drive progress in an environment characterised by strong incumbents and strict regulation. In financial services, both B2C and B2B interactions are seeing a continued growth in solutions that bring increasing ease and efficiency, and continue to open the door to new opportunities for FinTechs and incumbents alike.
The world of finance is evolving at a greater pace than has ever previously been seen. Money in the digital age has been transformed from a tangible object to just a few bytes of data. The game has changed, and new players are emerging every day.
We hunt for those new players, and when we find them, we support their growth. This week we welcome 11 startups to our Singapore accelerator that we believe have the potential to change the world of finance.
The key to the growth of FinTechs is their ability to engage and collaborate with existing financial institutions. The industry evolves most effectively and most beneficially when startups are supported by FIs with the hard-won clout, customers, data and market reach that years in the business brings. For our startups, the support offered by expert mentors, partners and regulators enable them to evolve faster, implement more quickly and attack the market with greater strength. This is why we collaborate with our industry partners in the selection of our cohort companies, calling on them to have a say in who we think is the next “game changer” for financial services across Asia and beyond.
As part of Selection Days 12 partners spent 48 hours meeting, mentoring and challenging the shortlist of…