Accenture selects 3 SEA startups for its 2021 FinTech Innovation Lab Asia-Pacific

Posted on September 9, 2021 by Design in Design Innovation | 0 Comments

Global professional services company Accenture has named three Southeast Asia-based fintech startups in its list of 11 startups that have been selected into the 2021 FinTech Innovation Lab Asia-Pacific programme.

The startups are:

Alpha Fintech (Singapore)
The startup enables merchant service providers to access any product provider across the merchant service lifecycle via a single solution ecosystem, standardized into one abstraction layer. This helps providers monetise previously hidden data assets to facilitate cross-selling and better manage financial portfolio risk.

Perx Technologies (Singapore)
The startup is a category-creating lifestyle marketing SaaS platform that helps enterprise and digital-native brands deliver continuous and meaningful engagements and experiences in the mobile-first economy to monetize customer actions by creating personalized, last-mile interactive digital experiences that generate revenue.

PT Ayopop Teknologi Indonesia (Ayoconnect) (Indonesia)
Indonesia’s largest API marketplace and leading financial APIs developer, Ayoconnect builds and operates the necessary infrastructure for embedded finance while simultaneously enabling developers and companies to choose from a wide range of financial white-label products.

Other companies on the list are Advanced Alternative Investment Systems Ltd (Canada), Asiabots (Hong Kong), CONTRENDIAN Limited (Hong Kong), Diginex (Hong Kong), IPification (Hong Kong), Lagoon (Israel), Qantev (France), and Seleya Technologies (Hong Kong).

The 12-week accelerator programme by Accenture provides fintech startups with mentorship from leading financial institutions to help them fine-tune and scale their businesses. It has received more than 1,350 applications since it was launched in 2014; its 59 alumni companies have raised more than US$716 million in venture financing.

Receiving submissions from 28 countries, this year’s programme is run in collaboration with Hong Kong Cyberport who is providing the startups with the opportunity to participate in the Cyberport Incubation Program (CIP). The two-year programme will provide selected startups with a range of business, professional and mentorship support.

The program will culminate in November when the participants will present their solutions at a virtual Demo Day to an audience of venture capitalists and financial industry executives.

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