Singapore Govt-Backed FinTech Accelerator Boosts 3 Bitcoin Startups
Startup accelerator Startupbootcamp FinTech, announced on Monday the top 10 finalists to join its Singapore program, among which are blockchain-based startups Otonomos, CryptoSigma and DeBuNe, demonstrating that Singapore’s government is serious about its ambitions to become Asia’s blockchain technology hub. The results follow a six-week selection process where the accelerator had to review some 300 applications. The finalists, which include startups from the Asia-Pacific region and Europe, were chosen by a panel of industry experts, and are all looking to disrupt specific markets in the....
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Blockchain-based marketplace DeBuNe, bitcoin wallet Cryptosigma and blockchain equity issuer Otonomos, have been accepted to the first batch of Startupbootcamp (SBC) Fintech Singapore's accelerator program. The startups will be given funding, free office space, access to business support services and a large network of industry experts and venture capitalists. The three digital currency startups join seven other startups in the program, which are made up of peer-to-peer wallets, money management apps, a social network for financial trading and more. All of the startups will receive three....
Three crypto startups have been selected to join Startupbootcamp (SBC), Singapore's FinTech accelerator program. Decentralised peer-to-peer marketplace DeBuNe; blockchain equity issuer Otonomos; and bitcoin wallet provider Cryptosigma will join seven other startups in the three-month programme. SBC will give each of the participating startups approximately $18,000 in funding, free office space, mentorship and access to a network of angel investors and global venture capitalists such as DBS Bank, Mastercard and Route 66 Ventures in return for 8% in equity. The Southeast Asian state, a....
As a testament to the growing popularity of bitcoin startups and the blockchain technology, three cryptocurrency-related companies have been part of Singapore's FinTech accelerator program called Startupbootcamp. In being part of this program, the companies will be given funding, free office space, access to business support services and a large network of industry experts and venture capitalists. DeBuNe, Cryptosigma, and Otonomos are the three blockchain technology startups that have been included, along with seven other startups focusing on peer-to-peer wallets, money management apps,....
The Singapore banking establishment is keen to implement FinTech and blockchain innovations after the launch of its accelerator program, FinLab, earlier this month. On August 3, the Singaporean banking society, the United Overseas Bank (UOB) held its first accelerator program that focused on technology solutions for the financial sector and smart contracts. Nine startups that took part: Attores, CardUp, FinMitra, FinReg, Nickel, SsinoConnect, Stock2Day, Tuple, and Turnkey Lender. According to Singapore news outlet, The Straits Times, startup Attores is working toward building a blockchain....
A leading Indian bank, Yes Bank has announced the launch of its new Yes Fintech accelerator for startups working on blockchain and financial technology space. Yes Bank, a progressive Indian bank has partnered with leading names in the country’s startup ecosystem to launch a fintech and business accelerator. The accelerator program, Yes Fintech is powered by T-Hub startup engine, Anthill Ventures, and LetsTalkPayments. The 15-week program is distributed among two facilities, one in Mumbai and another in Hyderabad. Designed for banking and fintech startups, the key focus areas of the program....