Source: DBS
Six FinTech startups from across Asia and around the world kicked off DBS Accelerator in Hong Kong this year, seeking to shape the future of finance with innovative solutions in enhancing the customer’s digital journey, data analytics, as well as compliance transformation and more.
The six startups are CUBE, cyberProductivity, DOV-E, Fractal Labs, Hyper Anna, and Privé Technologies. This brings the total number of DBS Accelerator participants to over 30 since the DBS Bank (Hong Kong) programme’s successful launch in 2015. All of the programme’s startup alumni have successfully secured funding support or expanded their business in Hong Kong as a result of their participation in DBS Accelerator. DBS, which marks a milestone 50th anniversary in 2018, continues to be a pioneering force in transforming the way banks serve, engage and interact with customers though FinTech innovation.
DBS Bank (Hong Kong) CEO Sebastian Paredes, said, “DBS Accelerator has helped spearhead our successful efforts to expand our collaboration with FinTech startups and seek new horizons in digital innovation. We believe the mutual exchange of knowledge and best practices with the FinTech ecosystem will foster startup success and help shape the future of finance.”
Nest CEO Lawrence Morgan said, “As we welcome our new cohort, we’re proud to share that the majority of startups from the first intake achieved proofs of concept with the bank, further validating the programme’s role in helping businesses scale and the need for startups and corporates to work together as we continue to drive innovation in banking.”