Table of Contents Hide
THE FINLAB, a joint venture company between United Overseas Bank Ltd (“UOB”) and Infocomm Investments Pte Ltd (“IIPL”), invites Thai fintech start-ups to apply for its acceleration programme slated to start in May 2016 in Singapore.
What is THE FINLAB?
THE FINLAB accelerates the development of disruptive FinTech start-ups changing our world today. Through our deep expertise and broad experience in the financial industry and the venture capital ecosystem, we provide start-ups with valuable insights, analytics and a strong infrastructure to propel their businesses to the next level. A joint venture between Infocomm Investments Pte Ltd (IIPL) and United Overseas Bank Ltd (UOB), our wide connections in ASEAN, Greater China, Europe and the United States provide our start-ups an unparalleled access to the global market for growth and expansion.
Why should fintech start-ups apply to join The Finlab’s acceleration program, and what’s in it for them should they get selected?
It is a fact that early stage start-ups face a failure rate of higher than 90%. The causes are usually bad business models and/or lack of experience of the team in planning, execution, and tapping into the right networks for resources like funding.
These can be largely mitigated when start-ups join THE FINLAB’s acceleration programme; and for an intense 3-month period, they get to refine their business and revenue models by leveraging the knowledge, experience and networks of the mentors
About the author
Techsauce is the partnership of two titans in the Thai technology startup industry between Thumbsup, the leading technology media in Thailand and HUBBA, the biggest coworking space network in Thailand.