Maybank, 1337 Ventures launch fintech accelerator

The accelerator will support start-ups from across Southeast Asia. According to the accelerator's website, companies can apply to join roadshows in Manila, Jakarta, Bangkok, and Kuala Lumpur during April, after which 20 will be picked to join a three-day-long boot camp in June.

Start-ups accepted into program will not receive funding but they will get access to Maybank's 22 million customers. The program is looking for companies working across numerous fintech sub-segments including digital payments, mobile financial services, financial institution operating models, sales, and responsible banking.

There have been a handful of developments in Asia's fintech start-up space in recent months. Earlier this month it was announced that Australia's New South Wales government had partnered with a local consortium of banks, property and technology firms to set up a $1.6 million hub for fintech start-ups in Sydney.

In December Startupbootcamp FinTech - a Europe-based accelerator that focuses on fintech - launched an Asian program in Singapore, and then last July newly-formed GP Apis Partners launched a growth capital fund targeting fintech investments in Asia and Africa.

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• Topics
• Venture
• Financials
• Technology
• Southeast Asia
• Malaysia
• seed
• Financial Services
• Technology
• Southeast Asia