Category: APAC

Microsoft announces 1st batch joining the new accelerator Shanghai

China: Microsoft announced the 14 market-ready startups selected to join their Shanghai Accelerator program.

$1.5bn fintech fund launched by Chinese state-owned firms

China: Ramping up its efforts to become a dominant Fintech hub in Asia, a 10 billion yuan (approx. $1.5 billion) fund was launched in Beijing, China, focusing mergers and acquisitions in the sector while seeking to nurture enterprises and startups in the industry.

Mitsubishi UFJ plans fintech innovation lab in Tokyo & Silicon Valley

Japan: Mitsubishi UFJ Financial Group Inc. has set up a innovation lab to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.

UTM, Ericsson launch Malaysia’s first innovation centre for 5G

Malaysia: Malaysia’s first Innovation Centre for 5G (IC5G) was launched in collaboration with Universiti Teknologi Malaysia (UTM) and Ericsson in UTM Kuala Lumpur (KL) campus.

8 startups announced for SuperCharger FinTech Accelerator 2.0

Hong Kong: As SuperCharger FinTech accelerator 2.0 kicked off at Hong Kong FinTech Week, eight finalists that were announced included startups in the areas of wealth management, RegTech, artificial intelligence (AI), cybersecurity and blockchain.

AI, Gamification and Blockchain at DBS Accelerator’s demo day

Hong Kong: Seven startups showcased innovative solutions to hundreds of potential investors at DBS Accelerator, the collaborative initiative between DBS Bank (Hong Kong) and Nest, the Hong Kong-based startup incubator.

Microsoft launches IoT Innovation Center in Taipei

Taiwan: Microsoft has announced today the launch of an IoT Innovation Center in Taipei, Taiwan, the company’s first such facility in Asia.

Japanese firm Mizuho in Fintech Innovation Move

Japan: Mizuho Financial Group has announced plans to establish an innovation lab within the Fintech Center of Tokyo. The new innovation centre which is known as «Finolab» is jointly operated by Mitsubishi Estate, Dentsu, and Information Services International–Dentsu.

AirAsia founders-backed Tune Labs invests in Malaysia’s Golfreserv

Malaysia: Golf reservation platform Golfreserv today announced that it has secured an undisclosed pre-Series A round from Tune Labs, a startup incubator backed by AirAsia founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun.

VIISA, a multi-corporate backed accelerator launches 1st batch

Vietnam: THE Vietnam Innovative Startup Accelerator (VIISA) announced that it is launching the call for applications into its inaugural batch in November 2016.

Dentsu Media launches 3rd DM Lab, in Vietnam

Vietnam: Following the launch of the Dentsu Media Laboratory (DM Lab) in Thailand late last year, Dentsu Media has launched another in Vietnam, its third outside Japan.

S Korea’s Hanwha, BIDV join FPT, Dragon Capital to run $8m accelerator in Vietnam

Vietnam: South Korean conglomerate Hanwha Group and Vietnam’s third largest lender BIDV have partnered to run the Vietnam Innovative Startup Accelerator (VIISA) along with the initial two co-founders, Dragon Capital and FPT Corporation.