DBS ACCELERATOR EXPANDING DIGITAL INNOVATION
HORIZON
HORIZON
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Six new startups driving change in customer digital experience,
data analytics, compliance transformation and more
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| Matthew Ng, Senior Vice President, Head of Strategic Planning & Transformation, Hong Kong and Mainland China Technology & Operation, of DBS Bank (Hong Kong) Limited (seventh right) and Sui Yang Phang, Managing Partner, Hong Kong, of Nest (sixth left) joined the latest DBS Accelerator latest batch of startups at the Vault. |
Hong Kong, 9
April 2018 – 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.
April 2018 – 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.
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.”
(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.”
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.”
About DBS Accelerator
DBS
Accelerator is a collaborative initiative between DBS Bank (Hong Kong) Limited
and Nest, a global innovation platform supporting entrepreneurs. The
“always-on” accelerator programme is housed in “The Vault”, a state-of-the-art
5,000-square foot workspace in the heart of Wan Chai. Participating startups
have access to vast resources and mentor support, and are guided through their
business growth and development.
Accelerator is a collaborative initiative between DBS Bank (Hong Kong) Limited
and Nest, a global innovation platform supporting entrepreneurs. The
“always-on” accelerator programme is housed in “The Vault”, a state-of-the-art
5,000-square foot workspace in the heart of Wan Chai. Participating startups
have access to vast resources and mentor support, and are guided through their
business growth and development.
DBS
Accelerator is also supported by industry leading partners, including Amazon
Web Services, Bird & Bird, HKUST Business School, IBM, InvestHK, and
Thomson Reuters. Ovolo Hotels is the programme’s accommodation partner.
Accelerator is also supported by industry leading partners, including Amazon
Web Services, Bird & Bird, HKUST Business School, IBM, InvestHK, and
Thomson Reuters. Ovolo Hotels is the programme’s accommodation partner.
Learn more: www.dbs-accelerator.com
About Nest
Founded in
2010, Nest builds innovative platforms to support entrepreneurs on their individual
journeys. We’re doing this because we believe the best path to achieving positive
impact is to fuel the entrepreneurial spirit and empower founders on their mission
to achieve the extraordinary.
2010, Nest builds innovative platforms to support entrepreneurs on their individual
journeys. We’re doing this because we believe the best path to achieving positive
impact is to fuel the entrepreneurial spirit and empower founders on their mission
to achieve the extraordinary.
Our three
platforms:
platforms:
·
Nest
Innovation delivers a range of transformational programmes including accelerators,
innovation challenges, and thought leadership series for entrepreneurs and
corporations.
Nest
Innovation delivers a range of transformational programmes including accelerators,
innovation challenges, and thought leadership series for entrepreneurs and
corporations.
·
Nest
Ventures is a seed to growth stage venture capital firm specialising in startups
developing impactful world-changing technologies.
Nest
Ventures is a seed to growth stage venture capital firm specialising in startups
developing impactful world-changing technologies.
·
Mettā
is a members’ club for the global entrepreneurial community with the singular purpose
of driving business through collaboration.
Mettā
is a members’ club for the global entrepreneurial community with the singular purpose
of driving business through collaboration.
Nest is
headquartered in Hong Kong with a global network spanning Singapore,
headquartered in Hong Kong with a global network spanning Singapore,
Bangkok,
Seoul, Nairobi, Paris, and London.
Seoul, Nairobi, Paris, and London.
About DBS
DBS is a leading financial services group in
Asia, with over 280 branches across 18 markets. Headquartered and listed in
Singapore, DBS has a growing presence in the three key Asian axes of growth:
Greater China, Southeast Asia and South Asia. The bank’s “AA-” and
“Aa1” credit ratings, is among the highest in the world.
Asia, with over 280 branches across 18 markets. Headquartered and listed in
Singapore, DBS has a growing presence in the three key Asian axes of growth:
Greater China, Southeast Asia and South Asia. The bank’s “AA-” and
“Aa1” credit ratings, is among the highest in the world.
DBS is at the forefront of leveraging digital
technology to shape the future of banking, and has been named “World’s Best
Digital Bank” by Euromoney. The bank has also been recognised for its
leadership in the region, having been named “Asia’s Best Bank” by several
publications including The Banker, Global Finance, IFR Asia and Euromoney since
2012. In addition, the bank has been named “Safest Bank in Asia” by Global
Finance for eight consecutive years from 2009 to 2016.
technology to shape the future of banking, and has been named “World’s Best
Digital Bank” by Euromoney. The bank has also been recognised for its
leadership in the region, having been named “Asia’s Best Bank” by several
publications including The Banker, Global Finance, IFR Asia and Euromoney since
2012. In addition, the bank has been named “Safest Bank in Asia” by Global
Finance for eight consecutive years from 2009 to 2016.
DBS provides a full range of services in
consumer, SME and corporate banking. As a bank born and bred in Asia, DBS
understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, and
positively impacting communities through supporting social enterprises, as it
banks the Asian way. It has also established a SGD 50 million foundation to
strengthen its corporate social responsibility efforts in Singapore and across
Asia.
consumer, SME and corporate banking. As a bank born and bred in Asia, DBS
understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, and
positively impacting communities through supporting social enterprises, as it
banks the Asian way. It has also established a SGD 50 million foundation to
strengthen its corporate social responsibility efforts in Singapore and across
Asia.
With its extensive network of operations in Asia
and emphasis on engaging and
and emphasis on engaging and
empowering its staff, DBS presents exciting
career opportunities. The bank acknowledges the passion, commitment and can-do
spirit in all of our 24,000 staff, representing over 40 nationalities. For more
information, please visit www.dbs.com.
career opportunities. The bank acknowledges the passion, commitment and can-do
spirit in all of our 24,000 staff, representing over 40 nationalities. For more
information, please visit www.dbs.com.
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