If India’s Fintech startups had to handpick a few factors that would enable them to expand their business, the list would look something like this: access to global markets; mentors from the finance and venture capital sector; and connections with the right people – from businesses to government agencies.
Singapore-based FinLab opens its accelerator programme to Indian Fintech startups
Meeting these requirements of the startup community is The FinLab, which is opening its accelerator programme to Indian startups. A joint venture between United Overseas Bank Limited (UOB) – a leading bank in Asia, and Singapore Innovate (SGI) – a Singapore Government agency that connects entrepreneurs with industry mentors, venture capitalists and research talent – The FinLab focuses on accelerating the development of Fintech startups. Through their networks into the financial industry and the venture capital ecosystem, the accelerator provides startups with valuable insights and a strong infrastructure enabling them to grow and expand their business.
Are you ready to give The FinLab your best shot? Still unconvinced? Here are three reasons why this is an exciting proposition for startups.
- Helps startups with go-to market support
As a joint venture between two key industry players, The Finlab’s wide connections in ASEAN, Greater China, Europe, and the United States provide startups that are part of the cohort unparalleled access to most of the world’s markets.
UOB will be looking to work with startups with solutions in the retail / SME / commercial banking spaces that can help serve their existing clients better, and / or provide new services that are relevant to these clients.
With an emphasis on science and deep-technology, SGI brings together partners from the private sector, institutes of higher learning, and research organisations as part of Singapore’s broader ecosystem of innovation. Through this ecosystem, SGI connects these aspiring entrepreneurs with support for business-plan development, sources of funding, and go-to-market efforts.
- Makes the right connections happen
Critical feedback and sharp insights from The FinLab’s expert mentors will help startups improve or even pivot your…