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PayPal invites fintech startups to participate in its Singapore incubation programme

Nurdianah Md Nur | May 5, 2016
The nine-month program offers FinTech startups exclusive co-working space at PayPal’s Singapore Technology Center and structured learning by industry experts.

PayPal is calling for fintech and technology startups to participate in its first incubation programme in Singapore.

Under the nine-month programme, selected startups will be coached and mentored by PayPal executives and various subject matter experts.  The curriculum will cover finance and technology topics such as risk, compliance, core payment network and channel partnering. To complement this, the teams will also gain coaching and mentorship by external subject matter experts and PayPal executives such as Anupam Pahuja, General Manager, Technology for PayPal Asia Pacific, who is also one of the Pitch Fest judges.

Selected startups will also gain networking and funding opportunities through PayPal's network and venture capital connections.

In addition, they will be provided with a conducive co-working space within PayPal's Singapore Technology Centre at Suntec City, enabling them to directly access industry expertise from PayPal employees.

Interested startups can apply via from now till 25 May 2016, 6pm (Singapore time). Shortlisted startups will be invited to a Pitch Fest, scheduled to be held on 2 June 2016.

Singapore is the second country in the Asia Pacific region to run PayPal's incubation programme. PayPal's Technology Center in Chennai, India, has been hosting this programme since 2013, with most of its 10 startups receiving funding or obtaining a strategic exit upon graduation from the programme. 


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