Thailand: National Innovation Agency (NIA) of Thailand and Israel’s AGW Group (AGW) today announced the launch of SPARK — a global acceleration programme aimed at Thai startups.
China: Microsoft announced the 14 market-ready startups selected to join their Shanghai Accelerator program.
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.
India: The accelerator will provide the 10 selected startups with access to Barclays’ technology, insight and expertise. They will also get dedicated access to onsite mentors and advisors
Australia: Member-owned credit union will try to speed up the time it takes to bring new ideas to market after participating in KPMG’s first fintech accelerator for mutual banks, mLabs.
India: Axis Bank has signed a strategic collaboration with Amazon Internet Services, the India affiliate of Amazon’s cloud business unit Amazon Web Services to setup a co-working hub at its Innovation Lab facility ‘Thought Factory’ in Bengaluru.
Hong Kong: Eight fintech firms began a 12-week mentoring program in a Hong Kong-based innovation lab, where start-ups will receive senior-level advice in developing and marketing their ideas and linking them up with top banks.
Singapore: This lab will collaborate with government agencies, small and medium enterprises (SMEs), industry associations and institutes of higher learning, to foster innovation, research and development (R&D), entrepreneurship, talent and expertise in Singapore.
Singapore: OCBC Bank’s fintech accelerator programme, the Open Vault, will pilot tests with three start-ups – Fincast, BondIT and CogniCor.
The tests involve wealth management and artificial intelligence (AI) solutions and will begin in the fourth quarter of this year, and will last for three months.