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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

The Strategic Innovation Center (SIC) will serve as a hub for financial technology (fintech) and insurance technology (insuretech) startups. The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies. million in the fintech accelerator.

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Villgro Philippines, IDRC of Canada launch accelerator program AI4Health Asia

AsiaTechDaily

This 10-month regional accelerator program is designed to promote and nurture innovations in Responsible AI in South and Southeast Asia. Currently, the company has a direct portfolio of 39 startups across health, education, agriculture, affordable housing, and women and girls in Southeast Asia.

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Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures

TechCrunch

Brankas , an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. Clients include traditional financial institutions, banks and fintech startups. Other open finance API startups in Southeast Asia include Finantier and Finverse.

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Embedded finance startup Banxware raises €4M seed

TechCrunch

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. In addition to lending, the startup will also soon offer card-based products and other financial services.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. They were brought back together by the pandemic to start the e-commerce enablement company. So, just how does it work?

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Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. It also includes machine-learning-based analytics to enable credit scoring and KYC verifications.

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Arc wants to build the de facto finance solution for SaaS startups

TechCrunch

A new company recently emerged that is targeting a popular startup niche, wanting to exclusively help early-stage SaaS (software-as-a-service) companies with their financial needs. We quickly realized that they shared a common pain point — startup funding is costly and distracting.

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