Marvelstone Group announces new innovation enabler Marvelstone Ventures

Focus on Smart City technologies like Blockchain, IOT,
Artificial Intelligence and FinTech

Singapore, 10 January 2017 – Marvelstone
Group announces Marvelstone Ventures, a new innovation enabler, providing
start-ups and companies harnessing Smart City technologies a platform to
execute high impact technologies that will propel emerging Asian cities into
world-class cities. In its
quest to transform the Asian region and impact the lives of 14.436
billion people, Marvelstone Ventures will lead in developing Smart City
innovations and projects. Joel Ko, Managing Partner
of Marvelstone Group, will be Chief Executive Officer (CEO) of Marvelstone Ventures.
Joel is also the Co-founder of Marvelstone Group’s key projects and initiatives
like Lattice80, Marvelstone Tech and 10K. He is still actively involved in key
projects of Marvelstone Group.

Announcing this new organisation, CEO Joel
Ko says: “Marvelstone Ventures plans to invest only in Smart City and
paradigm-shifting technologies like Blockchain, IOT, Artificial Intelligence
and, of course, FinTech. These technologies are critical in shaping a Smart
City and enhancing the lives of ordinary people.”

Gina Heng, Co-founder and CEO of
Marvelstone Group, says: “Singapore has the potential to be the world’s
smartest city and we wish to see that happen before the turn of the next
decade. Marvelstone Ventures will support the city-state’s vision by investing
in paradigm-shifting technology, Smart City-related projects and companies with
high growth potential. We want these companies to successfully turn emerging
markets around the Asian region into game-changers.”

Marvelstone Group’s investment strategy is
largely focused on growth relating to the following sectors: finance,
technology, real estate, infrastructure, energy and media. Most recently, Marvelstone Group successfully
launched Lattice80, the world’s largest FinTech Hub at 80 Robinson Road, in a
bid to build a ‘hub strategy’ that will boost FinTech technologies. Looking
into the future, the company has determined that it is necessary to invest in
forward-looking initiatives that are also in line with the ever-changing
landscape. This determination has led to the creation of Marvelstone Ventures.

Globally, the venture-building movement is
gaining momentum in both the technology and start-up sectors. Successful
venture-builders tap on shared resources – connections, global teams and funds
– to launch innovative solutions that operate as fully-operational companies.
With the right external partners, Marvelstone Ventures will move from being a
catalyst to drive and lead innovation.

Adds Marvelstone Ventures CEO, Joel Ko:
“We are open to all kinds of opportunities to work with investors, related
partners and institutions in public and private sectors across Asia.
Personally, I am looking forward to seeing the adoption of high-end innovation
in emerging markets before spreading to the developed market.”

1Source:
Worldometers.com. Data is processed and collected from the United Nations
Population Division 2016.