OCBC launches new fintech startup accelerator programme

It kicks off in April 2016.

Rather than be daunted by the rise of fintech startups, OCBC Bank has rolled out a search for radical new players with the launch of The Open Vault, its new financial technology unit.

The Open Vault at OCBC is housed in a specially-created 2,400 square foot space on New Bridge Road. It is led by Pranav Seth, OCBC Bank’s Head of E-Business and Business Transformation.

“We are investing heavily in the areas of mobile, data and analytics, bio-metrics and security to provide superior customer-centric solutions. We actively scan for technologies and innovations globally," Seth said.

The Open Vault will focus on five key areas of innovation, namely wealth management, credit and financing, insurance, cybersecurity, and artificial intelligence.

The accelerator programme is open to local and international startups, and will be conducted in partnership with global investment and start-up incubation firm NEST. It will provide selected start-up firms with access to business mentorship, technical expertise from OCBC Bank and dedicated guidance from NEST experts and partners.

Innovators and Fintech start-ups can apply for OCBC Bank’s accelerator programme at www.theopenvaultatocbc.com. Applications will close on 17 March 2016 and the programme will begin in April 2016.

The summit of the programme is Demo Day in July 2016, when the selected start-ups will pitch their innovations to compete for investment interest.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia