Startupbootcamp Singapore’s FastTrack program provides innovative early stage FinTech startups the opportunity to pitch and gain exposure to industry leaders throughout the India.
Singapore, December 7, 2016 – Startupbootcamp FinTech announced a three-day FastTrack schedule in Mumbai on the 16th, New Delhi on the 18th and Bangalore on the 20th of January. These events are open to innovative early-stage FinTech companies looking for expert advice, mentorship and exposure.
Startupbootcamp FinTech is a world-leading financial innovation accelerator dedicated to helping startups scale globally through direct access to an international network of mentors, partners and investors. Attracting over 700 applications for their two cohorts in Singapore, they are on the road for their FastTrack tour which will see them travel to 17 locations across APAC.
This year, Startupbootcamp Fintech Singapore has a direct focus on startups looking to expand their ventures into SouthEast Asia.
Steven Tong, Managing Director of Startupbootcamp FinTech said, “We are looking for exciting new ventures in FinTech that have the ability to launch in Singapore, as a hub for expansion across SouthEast Asian Markets.”
The select group of startups will gain the opportunity to pitch before a group of expert mentors and gain valuable 1:1 feedback on their product, business model and pitching skills. This is a fantastic opportunity to meet the Startupbootcamp global network and be placed on the watch-list for the FinTech Singapore accelerator program.
The 2016 program brought six startups from India into Startupbootcamp’s Selection Days with three of the startups being accepted into the second FinTech cohort in Singapore. These were Supertext, Cefy and Connaizen.
Avinash Hedge, Co-Founder of SuperText joined the first FastTrack in Bangalore in early 2016 and was selected to participate in the 2016 Cohort.
"Supertext and Startupbootcamp was cupid at work! We started the FastTrack with a simple pitch on chatbots and conversations, However at the FastTrack, the conversation quickly turned into iterations on design, product, and positioning. The problem was clear – customers wanted to talk to brands but brands simply couldn't cater. We were able to discuss the key issues we had with a range of industry experts at the FastTrack and they too raised some that we hadn't even thought of. After this short afternoon event, we knew Startupbootcamp FinTech was for us.
“From here, we were accepted into the accelerator; with the acceleration, we soon had a market ready product, our first client, a sales funnel brimming to the rim and the business ecosystem of Singapore and SEA at our disposal. To top this all off was the beautiful team of SBC FinTech Singapore; among which are friends, partners, and mentors with whom the trust continues!"
Who should apply?
Startupbootcamp is on the lookout for startups innovating in FinTech related technologies. In particular, interesting startups specializing in:
- Payments - Cryptocurrencies and blockchain - Financial inclusion - Asset management - Capital markets - Peer-to-peer - Security & authentication - InsurTech - Lending - and everything else FinTech
Why should startups apply?
FastTrack events are a bite-sized glimpse into the value of a Startupbootcamp program. Thirty startups across the three stops will have the opportunity to connect with top mentors, get feedback from other startups and meet the Startupbootcamp team. One-on-one sessions with local industry experts in the finance, investment and entrepreneurial space will provide advice on how to improve their product, business model and pitching skills. By participating, startups will also gain access to the Startupbootcamp FinTech global community. After the FastTrack tour, Startupbootcamp FinTech will select 10 startups to take part in their three-month intensive 2016 FinTech accelerator in Singapore.
Successful FastTrack startups join the watch list and have the potential to be selected for the Startupbootcamp FinTech accelerator program in addition to receiving:
- Extensive mentorship from 300+ entrepreneurs, investors, and partners - Access to top markets in Europe, US and APAC - 3+3 months free office space - SGD25m00 in cash per team - Exposure to 200+ angels & VCs - Invitation to Startupbootcamp global alumni network and growth program
Not Just Another Accelerator
What does Startupbootcamp offer that other accelerators don’t? Our previous cohorts have had access to:
Undivided interest and expertise in helping startups succeed: Our partners collectively offer expertise in different areas such as tech, regulatory and compliance advisory that help accelerate the growth of the startups. The program exists to help startups succeed and not serve the interests of one singular partner/bank only.
Partnerships throughout Asia: There are no forced partnerships with our partners only. We help connect our startups with the entire financial industry in Singapore and throughout APAC. One of our startups from the 2016 batch closed a pilot with one of the world’s largest insurance agencies from connections they made on the first day of the program.
Global expansion channels: Besides Singapore, Startupbootcamp FinTech has a presence in London, New York and Mumbai. This brings unparalleled access to the networks of all our corporate partners, 1000 hand-picked mentors and events such as the FinTech lounge. Fluent (Graduate from SBC FinTech New York) recently joined us in Singapore to develop networks with our partners and the local ecosystem through our FinTech Socials.
Interested startups can apply for Startupbootcamp FinTech Accelerator Program here: http://www.startupbootcamp.org/accelerator/fintech-singapore.html
About Startupbootcamp FinTech:
Launched in 2014, Startupbootcamp FinTech is the leading FinTech accelerator, and the only program of its kind to attract such wide industry support. Based in London, New York, Singapore and now in Mumbai, its partners include Lloyds Banking Group, Mastercard, Rabobank, Thomson Reuters , DBS Bank, RHB Bank, CIMB Bank, PwC, Bank of Scotland, arvato Financial Services, Halifax, My Order, DLL Financial Solutions, MJ Hudson, Route66 Ventures, Intesa Sanpaolo, Infocomm Investments, Jungle Ventures and PixVine Capital, as well as an extensive mentor and alumni network from more than 50 countries across the globe. The award-winning accelerator offers FinTech startups access to world-class industry expertise during an intensive three-month program. At the end of the program, startups pitch at Demo Day to more than 500 investors and individuals from financial services.
Founded in 2010, Startupbootcamp is a global startup accelerator with 15 programs in Amsterdam, Barcelona, Berlin, Istanbul, London, Miami, Mumbai, New York and Singapore. More than 300 startups have been accelerated by Startupbootcamp of which 79% are still active. For more information, visit:
- Facebook: https://www.facebook.com/startupbootcamp
- Twitter: @SBCfintech