Post on 05-Aug-2016
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legend & classificationObviously, classifying content across such a wide range is a challenge. For that
reason, there is an element of ‘fuzziness’ to the color-coding. For instance, here,
education is intended to cover both ‘provision of knowledge to the reader’ and
the burgeoning #edtech field so do keep this in mind when reading.
Questions, comments? Contact me via StartupNewsAsia.com.
in june 2016This month saw a number of interesting items in the fintech space in Southeast
Asia, including the commencement of Facebook’s trial of ‘social payments’ for
Thai users of the platform. In the wider fintech space, Facebook Messenger has
also hit the headlines with companies launching chatbots aimed primarily at
providing financial advice.
Australia’s Flux Democracy Party brought the Blockchain into mainstream view
with its inclusion in the Australia Federal Election ballot, whilst Singapore an-
nounced plans to run a hackathon event around improving public housing.
In Myanmar, Phandeeyar tech hub gained funding from private investment,
and launched the country’s first startup accelerator programme.
And in Vietnam, the Mekong Angel Investors Network launched, aiming to fund
30 regional startups.
highlights in juneE Australia’s Blockchain-driven Flux Democracy Party gains ballot presence
E India’s Machadalo aims to bring hyperlocal element to advertising
E Unbanked populations: the missing link in the fintech ecosystem
june 2016 startup news
page 2 of 22 tiny.cc/newsdaily
Singapore fintech Hektor aims to
'supercharge' millenials' savings habits
Singtel's Future Makers aims to develop up
to 7 social startups
Taiwan's NDF fund puts $20m to Infinity
Venture Partners' 3rd fund
Clearbridge Accelerator partners Cambridge
Consultants for medtech startups
YourDost aims to fill a gap in India's
mental health system
The State Of The Startup Accelerator
Industry, via Forbes
WeWork coworking opens 1st Asia office
in Shanghai
Sydney-Denver fintech startup Avoka
raises $12m
Employment Hero closes $2.2m round
led by OneVentures
Brisbane's ClipChamp, video startup,
lands $1.45m
The Cage, 12-week retail startup
development programme, opens in HK
Orami aims for same-day delivery in
parts of Indonesia
'Chatbot lawyer' overturns 160,000
parking tickets in London, New York
Meet The VCs: Angel vs VC Investments,
in Singapore in July
Singapore Hello Health Group raises $1.5M
to bring healthcare info to SEA
muru-D Accelerator Bangkok Roadshow
set for early July
India: Online jewelry startup Velvetcase
raises close to $2m
India's Sixth Sense Ventures closes
debut fund at $18m
Silicon Valley's latest startup challenge:
to build a whole city
Startup Battlefield Disrupt SF
applications open
TapChief wins SeedStars Bangalore Edition
Vietnam's Monkey Junior wins 1st
in Obama-backed IT competition
An updated look at Japan's 15
most-funded startups
Hacking Health: Melbourne in July
Mobile messaging users in Vietnam choose
homegrown Zalo over Facebook
Asia-Pacific Sports Analytics Conference
pitch competition: July in Melbourne
Startup VIC Female Founder event set for
July in Melbourne
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june 2016 startup news
page 3 of 22tiny.cc/newsmonthly
Android Pay launches in Singapore as
1st step in SEA
India: LendingKart raises $32m for SME
credit-on-demand
A look at Australia's ROAM-e drone,
the flying selfie stick
Azimo money transfer platform set to
launch Facebook Messenger chatbot
Investors keen to fund China's tech
startups despite slowing economy
How telecom groups help startups,
individually and collectively
Chengdu: 1st Sino-Korean Youth Innovation
& Entrepreneurship contest held
Singapore's BEAM launches mobile app
to link startup professionals
India: Wellness startup Gomalon raises
2nd round of funding
Thai Express founder sells for $80m,
now runs healthy soup startup
4 Indian medtech startups with cancer
in their sights
IoT startup Ayla lands $39m to expand
in Japan, China, Taiwan
WellsFargo to launch real-time P2P
payments for 17m US mobile customers
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With a population of over 90 million people, mostly composed of millennials who are increasingly plugged in, Vietnam’s internet economy has great potential. Yet fintech remains a relatively untapped opportunity.
In an updated Fintech Vietnam Startup Report, Fintech Meetup Vietnam explores the current state of fintech in-country and high-lights the key factors that are making Vietnam an attractive market for financial technologies.
Vietnam’s fintech ecosystem
Vietnam’s fintech industry is still in its infancy, with a little more than 30 players in place, mostly tackling the payments market.
Two thirds of Vietnam’s fintech startups are providing consumers and merchants with either online payments services (1Pay, 123Pay, Payoo, VinaPay, OnePay, MoMo etc) or bricks-and-mortar digital payments solutions, including POS/MOS (ibox, Moca, etc).
The appetite for online payments and digital wallets in Vietnam is no surprise since Southeast Asia is expected to see its e-commerce market boom in the next decade.
Thankfully, not all are offering payment-related products and ser-vices. Vietnam has also a number of ventures that are tackling all kinds of sub-segments, including:
crowdfunding, with players such as FundStart, Comicola, Betado and Firststep;lending with LoanVi;data management with CircleBi;personal finance, with the likes of BankGo, MoneyLover and Mobivi;bitcoin with Bitcoin Vietnam; andbanking, with Timo, the country’s first digital bank.
While fintech is still in its early stages, some players - local entre-preneurs, and internet and mobile providers, alongside foreign in-vestors - are starting to understand the untapped opportunity here.
Globally renowned startup funds, incubators and accelerators, have started eyeing the Vietnamese market as well. 500 Startups launched in March a US$10 million micro-fund for Vietnam as it intends to invest in 100–150 domestic startups.
Foreign ventures, too, have started expanding to Vietnam to tap into its remittance market. Vietnam, one of the busiest markets for receiving remittances in Asia, received US$13.2 billion in 2014, accounting for 6.4% of the country’s total GDP in that year.
continued on page 22
june 2016 startup news
page 4 of 22 tiny.cc/newsdaily
Amex partners Facebook for Messenger
bot delivering real-time info
The Jakarta Post on the dangers of
under-regulating the fintech industry
Indonesia to set minimum capital
requirement for fintech startups
India's budget hotel aggregator
FabHotels raises $8m
Ecommerce sites Daraz, Kaymu
merged across Asia
Future Now Ventures funds online loan
service startup LoanSolutions
Blackberry looks to Indonesia for
partnership with media group
Japan's Adways pockets Indian
rewards-for-engagement platform
Fundnel partners Business Angel Network
of SEA for early-stage investment
Thailand to launch nat'l e-payment
system in October with PromptPay
EasyUni, Malaysian higher education
platform, expands to Vietnam
50+ sports startups compete for place
in SFIA Start-Up Challenge
13 early-stage e-commerce startups to
keep an eye on
Private equity concerns raised for
Australian fintechs
Rabobank to build P2P platform linking
private banking customers with SMEs
Infographic: The global fintech
landscape so far
100 Malaysian primary schools to
teach coding
Australian fintech Avoka raises $16m
in expansion funding
1337 Ventures invests in 3 more
Philippine startups
Camidge of Muru-D: Vietnam's startups
should look outward for growth
India's bus ticket site Travelyaari raises $3m
Indonesia's GnB Accelerator:
Applications open for Batch 2
Next Generation Lending Asia Summit:
Singapore, in July
Startup News Asia digest, May 2016,
via Dreamplex
Japan's fintech and cloud startups are
aiming at global markets
Global Mobile App Summit Awards:
2 days in Bengaluru, July
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june 2016 startup news
page 5 of 22tiny.cc/newsmonthly
Russia's Skolkovo opens doors to
international startups
Blockchain Democracy Party:
new voting that could change politics
Geeks On A Beach conference:
Philippines in August
GnB Accelerator announces 6 Indonesian
startups for 1st batch
Agic Capital to close $1B fund for
high-tech startups in India, SEA
A look at Startup Weekend Jaffna,
in Sri Lanka
Pakistan's WonderTree for special needs
children wins big at Stanford
Hokkaido Interstellar Technologies aims
high with small satellite launches
A look at the all-important trust element
in Blockchain finance
Reserve Bank of India announces
Blockchain committee
A look at 31 tech startups working on
the construction industry
A look at the Brexit impact on UK fintech
ABN AMRO enables WhatsApp payments
A brief look at Financial Blockchain
Shenzhen Consortium, over 30 firms in
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Topping up prepaid phones usually means dealing with complicated
menus and multiple inputs. OnOnPay makes this much simpler,
letting you top up online or using a smartphone app.
Added to this, OnOnPay offers rewards, extra mobile credit, discount coupons
and gift certificates to users.
OnOnPay was the first investment in Vietnam for
Singapore-based Captii Ventures.
OnOnPay placed third in the Tech in Asia
Singapore 2015 startup pitch battle
june 2016 startup news
page 6 of 22 tiny.cc/newsdaily
EarlySalary aims at India's short-notice
loans market
Singapore's Cardable helps recommend
the best credit cards
Kalaari accelerator invests $500k in
cloud security startup Parablu
India: FarEye lands $3.5M to improve
e-commerce logistics
seedstars shanghai pitch competition
set for July 1st
MintChip digital cash live in Canada
with US, UK to follow
India: Real estate startup Kabadiexpress,
Drivify chauffeur app gain funds
New breed of execs can bring true digital
innovation to banking
Indian Angel Network backs AI research
startup Staqu
A brief piece on why banks should look
within for fintech entrepreneurs
Singapore-based NTT DATA new owner
of Vietnam payment service Payoo
Breaking Banks podcast on fintech
innovation in China
Indonesia: iGrow lands funding from
East Ventures, 500 Startups
Video distribution startup Veredictium uses
blockchain to reduce piracy
M&As outstrip initial public offers as
exit route for tech firms
350+ African startups apply to Korea
for K-Startup Grand Challenge
India's edtech startup Uolo lands
seed funding
India: Mobikon buys restaurant online
marketing platform MassBlurb
A look at Asia's top cities for female
entrepreneurs on Forbes
Startup Leadership Programme:
India, Europe, Australia, Asia & the US
Fintech Hackcelerator: Create market-ready
solutions to 100 industry problems
India to host US Government's Global
Entrepreneurship Summit in 2017
Samsung launches Creative Square mobile
startup incubation program
Singapore entrepreneurs asked to join
French Tech Ticket startup competition
Cygni Energy the first firm to benefit
from Start-Up India
China's largest e-learning platform
invests $3m in edtech startup Italki
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june 2016 startup news
page 7 of 22tiny.cc/newsmonthly
UBS China electronic trading head quits
to start fintech firm
Australia's SOFI Spritz lands Shark Tank
funding
A look at 10 travel startups in Asia
...financial needs of customers in Asia varies
greatly from region to region...
Indonesia's SkyArk Music startup aims to
give indie musicians a voice
Fintech beyond Silicon Valley & Europe:
Emerging market contenders
A look at the opportunities & components
in eSports
Olympic athletes to sport Visa's new
payment ring in Rio
7 seed-stage sources that may finance
your startup
India: SAP Labs launches startup
accelerator in Bengaluru
How Myanmar is fast-tracking mobile
money adoption
Vietnam's Foody makes strategic
investment in discount app JAMJA
Is the new frontier an era of cloud services
on less powerful devices?
Shenzhen Bay Super Angel Fund launched
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june 2016 startup news
page 8 of 22 tiny.cc/newsdaily
Townsville tech startup receives funding for
JESI work safety app
Melbourne's Rampersand hunts startups
with new $50m fund
A quick look at 10 startup incubators
in Vietnam
NZ-based video collab startup Wipster
scores deal with US giant Vimeo
Japan's SBI plans VC fund with Philippines
Investment & Capital Corp
River City Labs to be Australia's first startup
hub with childcare
Lenovo Accelerator to incubate 10 Hong
Kong / China startups
Vietnam book reading app Check It wins
two contests
Vietnam to offer tax breaks to SMEs
and startups
Over 2400 startups apply for K-Startup
acceleration programme
The Digital Insurer Asia conference:
November, seeking award nominations
How blockbuster films turned New
Zealand capital into thriving startup mecca
Queensland gov't, Future Now Ventures
co-invest $1m in software firm Jesi
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Startup World Cup Australia event set
for November
Melbourne Accelerator Program:
Startup Intensive 1-Day Workshop in July
Brisbane's Karma Kids crowdfunds for
revolutionary kids' therapy tech
Australia: VentureCrowd and Clearstate
raise near $1m in 4 hours
A look at Cambodian real estate app
startup, Sroul K
Uber helps Vietnamese swap scooters for
new Hondas
A very brief overview of Thailand's
startup scene
7 major financials to explore blockchain
project for European SMEs
India's online lingerie retailer PrettySecrets
raises $6.13m
German digital-only bank Number26 lands
$40m from HK billionaire
India: Medtech platform Dr Bean onboards
4k doctors, 10k users in 6 months
India's fintech startup Celerix lands $400K
A look at South Korea's startup ecosystem
Why do wearable owners stop using
their device?
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june 2016 startup news
page 9 of 22tiny.cc/newsmonthly
Startup World Cup: conference &
competition offers $1m funding
What investors expect startups to know
about business models
Chinese investors eye Indonesian startup
scene, aim for angel investor club
Thailand to invest $425m in startups, aims
to be ASEAN startup hub
How do you connect with the most
connected generation? Data.
Initiative set to mentor, develop & fund
female startups in South & SE Asia
AngelHack Ho Chi Minh set for this
weekend, June 25
Internet of Things - Human-machine
interactions that unlock possibilities (pdf)
Big media & digital: 'ages 18 to 24 watching
near 30% less TV than in 2012'
A look at the top US cities fostering
entrepreneurial growth
A short piece on what investors want from
VC firms
India: Naturenama, Dipper and Onspon
land funding
Agic Capital to close $1b fund, may invest in
hi-tech firms in India, SEA
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From advisory to implementation services, we help you to best utilize your data assets to uncover answers to your critical business questions.
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In July 2016, we have a number of data-related openings to fill in Ho Chi Minh City, Vietnam.
Scan the QR code for details.
june 2016 startup news
page 10 of 22 tiny.cc/newsdaily
Scheme for assistance to startups &
innovations launches in Gujarat
Andhra Pradesh signs MoU with NASSCOM
to encourage startups
2016 Talent Unleashed Awards APAC
finalists announced
Siemens nurturing innovation &
entrepreneurship in Hong Kong
Kerala's MUrgency wins 3rd annual
Challenge Cup 2016
A look at the Philippines' startup
ecosystem in the Manila Times
A lengthy Bangkok Post piece on SE Asia's
startup movement
Da Nang Business Start-Up Conference &
Exhibition a success
A quick retrospective look at Startup
Weekend Cambodia Women's Edition
A look at the components of Sri Lanka's
startup ecosystem
Ant Financial to buy 20% in Thai online
payment co, Ascend Money
Indonesia's Loket lands funding to manage
events better
India: startups target patients in rural areas
with health ATMs
Japanese flea market app Maipple lands
funding from GX Incubate
Singaporean Bitcoin exchange Quoine
raises $20m investment
Sweden trials blockchain for land registry
A look at startups working on drone
delivery by air and land
$25 million budgeted for new Sydney
School of Entrepreneurship
MoneyMe launches $10k loan product
aimed at Australian millennials
Vietnam: Mekong Angel Investors Network
launches, to incubate 30 startups
Australia's Humanihut aims to provide
low-cost shelter for all
On American Banker: 'Big Banks Will Look
More Like Google by 2025'
Malaysia's 1337 Ventures selects 3 new
Philippine startups
A look at 4 robots to help the elderly and
the infirm
Kenzwoman aims to solve intimate apparel
shopping woes for ME women
In Bangkok this week: Windows 10 IoT event
ASIC partners with Singapore for
cross-border fintech
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june 2016 startup news
page 11 of 22tiny.cc/newsmonthly
Blind ultramarathon runner pushes
boundaries with tech
Blockchain-based VC fund hacked for
$60 million
A quick round-up of 9 Southeast Asian
tech startups
Director of Sales needed for WeWork
in Sydney
Australia's Lorna & Bel launches
'smart handbag'
Startup Victoria Pitch Night, part of Startup
Week in Melbourne
Bank of Canada demos Blockchain-based
digital Canadian dollar
Mitsubishi UFJ experiments with block-
chain to build digital currency
EY paper: The Internet of Things in
insurance (pdf)
Asian and Oceanian Accelerator Report
2015 from Gust and Fundacity
A quick graphic look at how startups are
unbundling the hotel industry
2 Pakistani accelerators featured in Asia's
top 20
India: ah! Ventures eyes 15 investments
in 2016
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june 2016 startup news
page 12 of 22 tiny.cc/newsdaily
7 investors and startup CEOs on insurtech's
present and future
The Bitcoin model for crowdfunding
A look at 44 VC-backed fashion startups
supplying your wardrobe
Goldman Sachs, Citi, Santander most active
large banks in fintech investing
Infographic: How startup funding works
A quick infographic outlining how
Blockchain works
Quick infographic: traditional bank vs
marketplace lending
Infographic: A quick look at the pros and
cons of the major social networks
The Philippines is Southeast Asia's
fastest-growing smartphone market in Q1
Indonesia's angel investment network
Angin funds 3 startups
India's fitness startup BookYourGame
gains funding
Mongolia to change all location addresses
to 3-word phrases using startup system
Is this the tipping point for online investing?
India's TurningIdeas floats angel network
to back tech startups
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May 2016 SEA startup news: Mentions
@1337ventures @GRIFFINAcc @indee @
ippfivn @LifeSREDA @Seedstars
Bank of England to launch its own
fintech accelerator
UNDP to facilitate youth innovation for
social good in Vietnam
PDF: Standard Chartered explores
blockchain viability
A very quick look at entrepreneur-related
election promises in Australia
May 2016 StartupNewsAsia: Mentions @
Cellum_Group @giggedin @500Startups
@chain @jungleventures @umbalatv
8000 jobs to go as Bank of America gears
up to go digital
Female users account for 2/3 of Instagram's
US daily audience
Consumers to brands:
Don't monitor my product usage
A look at movements in VC funding of
food delivery startups
You don't need a co-founder...but you do
need a team
In Startup News Asia's on/offline May digest
@elsa_speak @CurrenSeek
@DesignMProduce @ExparaAsia @goxips
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june 2016 startup news
page 13 of 22tiny.cc/newsmonthly
Singapore fintech Mesitis to launch
high-net-worth focused robo-advisory svc
12 Philippine fintech startups to watch
Fintech Vietnam Startup Report:
Massive fintech opportunities
Australian 'innovation needs to extend
beyond city borders'
Australia: Victoria aims to be APAC regional
IOT hub
Australia: Flux startup prompts Senate to
consider democracy-as-a-service
Digi team in Malaysia wins spot in Telenor
global 'intrapreneur' programme
Thai e-payments ditch bank account
numbers, instead linking to ID or mobile
A look at South Korea's THERE, curated
travel & activity deals startup
Asia: Mobile learning set to soar with VR &
gamified student apps
3 core traits an early-stage startup investor
looks for in founders
State Bank of India floats $30m fund to
support fintech startups
A quick look at the state of investment in
Southeast Asia
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june 2016 startup news
page 14 of 22 tiny.cc/newsdaily
A look at Singapore's new library robots,
and security considerations
Infographic:
South Korea's 15 top-funded startups
pwc report:
How InsurTech is reshaping insurance
The future of wearables: medicine & health
SaaS banking provider Mambu launches
fintech startup program
A quick look at Singapore's plans for
digital identity
Neema, MasterCard partner for debit card
for Asia's migrant workers
Japan's Soracom IoT startup to expand to
Singapore with investment
250 fintech influencers to think about
following this year
A look at Oddle, Singapore's 'shopify
for restaurants'
LendIt China 2016 and Lang Di Fintech
Conference: July in Shanghai
Singapore's Carro raises US$5.3M to help
sell used cars
India: Venture debt firm IntelleGrow raises
$20m in equity and debt
Make School Silicon Valley education
startup boots up in Asia
Singapore: CapitaLand launches C31
Ventures with S$100m startups fund
Thoughts on the future of telcos and
startups in Southeast Asia
Queensland government unveils
$225 million innovation spend
India: uTrade launch blockchain-powered
solution for stock exchanges
If elected, Labor to repurpose StartupAUS
funds towards regional innovation
Golden Gate Ventures closes new
$60 million fund for Southeast Asia
SME lending marketplace Valiant Finance
closes $800k round
Indonesian recipe startup ResepKoki looks
to raise initial funds
New Zealand's Motion Sickness startup to
open office in Sydney
KaJin Health aims to use tech to unlock
mental health in China
Australia: PromisePay payment platform for
online marketplaces lands $10M
LoanDolphin fintech enters Australia's
mortgage space
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june 2016 startup news
page 15 of 22tiny.cc/newsmonthly
UniCredit and Open Bank Project launch
fintech startup Appathon competition
Singapore-Seoul fintech partnership
launches
Startupbootcamp FinTech Singapore demo
day now one month away
Estonians can do everything online, apart
from getting married
India's Machadalo aims to bring hyperlocal
to advertising tech
IBM's Bluemix platform helps Bendigo and
Adelaide Bank seek startup vibe
Australia's Clapit aims to be the top social
network aggregator
Vietnam sees a boom in startups, double
since last year
A look at the future of the bank-fintech
startup relationship
Cambodia: Angel investors raise hopes for
local startups
Academy Xi gets in early on VR education
in Australia
New fintech platform for cash savings
launched by ex-Merrill Lynch directors
How much are you worth as a social media
platform user?
Allianz bets on blockchain for catastrophe
bond trading
StartupAUS Crossroads 2016 workshop:
Monday in Ultimo
4 Aus VC firms gain recognition from global
Project Include
Visa Europe unveils augmented reality
payment tech
Can Blockchain make the world less
vulnerable to financial disasters?
Snapchat set to grow 27% this year
Getmii, a new sharing economy app
for millennials
A look at Myanmar's first ever startup
business accelerator programme
Research: Companies may be stockpiling
Bitcoin to deal with ransomware
A look at Hong Kong's fintech presence
A look at the stability of Singapore's
fintech ecosystem
A look at the swift growth of Australia's
fintech ecosystem
A look at 16 promising UK fintech startups
So which financial services firms &
corporations are investing in Bitcoin?
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june 2016 startup news
page 16 of 22 tiny.cc/newsdaily
Sydney's 'design your own sports
equipment' startup heads to the UK
Visa creates wearable ring that pays
for things
'The war for talent will define which banks
compete in 21st century'
Philippines startup WIN gains Microsoft
funding to install 10k WiFi hotspots
Malaysia: MaGIC to look beyond tech for
innovations in other verticals
Australia: 'Go west for tech funding', says
startup founder
BankVault founders 20-year journey to a
win at Silicon Valley World Cup
Telstra's Muru-D supporting Australian
entrepreneurial talent as 3rd intake closes
Uni of Dayton partners Vietnam's HATCH!
Ventures for startup competition
Followit, property marketing app, links
agents and customers
A local news take on Vietnam's tech and
startup boom
Infographic: The world of instant payments
GP Accelerator selects top 5 Bangladeshi
startups to meet investors at Demo Day
Moscow's Phystech Ventures' 2nd fund to
grow, may invest more in SEA, India
An advance look at the Kerala edition of
Techcircle Startup Tour
Philippine startup Satoshi Citadel Industries
lands Korean funding
Startup Muster, Australia's largest startup
survey: 2015 report online
Aus online lending platform Kikka Capital
lands $2 million
South Australian entrepreneur lands $60k
on Shark Tank
Perth startup races US developers to create
1st secure e-voting system
Sydney fintech zipMoney lands $20.6
million in funding
Declining VC funding globally, but hopes
remain high in Asia
Australia's ASIC to build fintechs a
'regulatory sandbox' to test ideas
Singapore central bank lowers barrier for
securities-based crowdfunding
Vietnam gov't aims to foster startups with
ambitious plans
Philippines gets new startup incubator 'to
promote inclusive innovation'
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june 2016 startup news
page 17 of 22tiny.cc/newsmonthly
Facebook trials social commerce payments
in Thailand
Report: Low tech skills a barrier to digital
government in SEA region
Visa, MasterCard may get access to $8.4tn
Chinese card payment market
Melbourne's Startup Week:
6 days of events this month
Singapore's Jewel Paymentech hopes Wells
Fargo accelerator will open US doors
muru-D's Get Started:
Tasmania, set for June 24th
Unrest hacker conference set for
Melbourne in July
The rise of Australia & New Zealand
community hacking conferences
Melbourne, July: Tech Crash Course for
Non-Tech Co-Founders
Fintech Brisbane Startup Weekend event
set for July
Hyderabad-based edtech GreyCampus
raises $1m angel funding
Sydney's 3P Learning lands a Microsoft
Education Partner of Year award
Vietnam gaining notice as potential
technology and startups hub
KPMG & NASSCOM 10,000 Startups Report:
Fintech in India Expected to Double
India's ExtraaEdge edu-tech startup lands
seed funding
Travel search engine Skyscanner opens
startup competition for SG's developers
New Zealand POS startup Vend gets
new CEO
A look at why Vietnam's booming tech
scene lures investors
Malaysia: US$16M invested in StoreKing for
ecommerce to India's rural areas
Vietnam-focused Dragon Capital to float
first fund on London Stock Exchange
Vietnam: nat'l finance committee debates
capital market development for startups
Penta Bank, digital bank for SMEs, gearing
up for launch in Germany
India's TaleHunt aims to be the Twitter of
very short stories
Online fashion startup 6Degree raises
$200K from Indian Angel Network
A brief infographic providing an intro to the
Internet Of Things (in pdf)
Swirlds emerges from stealth with
Blockchain alternative
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june 2016 startup news
page 18 of 22 tiny.cc/newsdaily
Ordermentum, Aus web-based F&B
industry ordering & payments platform
Survey: Despite unfamiliarity with angel
investing in Malaysia, most hit goals
Report: How Montreal moved to online
voter registration
Startup co-operatives aim to take on the
Uber economy
Salesforce creates $50m venture fund to
invest in app developers
Artesian Venture Partners' periodic table of
Australia's startup ecosystem
India's edtech startup Cuemath raises $4m
Australia's Zero Latency virtual zombies
head to Japan
Why backing local tech startups is crucial
for Australia's future
Vietnam mulls setting up a stock exchange
for startups
Singapore Gov't builds blockchain system
to protect banks from fraud
Creative3 Pitch: connecting creative
industry ventures with investors
US President Barack Obama's conversation
with Vietnam's entrepreneurs
Asian Entrepreneurship Awards announces
6 finalists
Melbourne event in June: How to find the
right cofounder
Indian media startup SillyMonks lands
funding
Former Barclays CEO sets up new fintech
startup
Startup News Asia, May summary online:
pdf & Issuu
Unicorn India aims for $15m for maiden
fund's 2nd close by next month
China: World's largest proximity mobile
payments market
Japan Aus Entrepreneurship Initiative:
opportunities, partners, collaborators...
Amazon India ties up with Storeking for
offline push
New Zealand Morning-After Maids startup
clean up post-party mess
Macquarie Group, Acorn Capital invest in
Maestrano cloud application provider
Grab aims to expand beyond transport to
universe of services
Taiwan promotes Taoyuan as Asian Silicon
Valley at Computex Taipei
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june 2016 startup news
page 19 of 22tiny.cc/newsmonthly
India: Voonik fashion app's parent acquires
3 startups
Australian real estate startup aims to cut
middle-man agents out of the picture
A quick look back at Hong Kong's recent
RISE startup conference
Thai fintechs to register with central bank
to help establish regulatory framework
Singapore's TinyMOS astrophotography
camera hits crowdfund goal in hours
India: wind turbine startup powers
households for same cost as an iPhone
Chinese consumers lead world in paying
with mobile phones
May 2016 Startup News Asia digest:
online to offline
Digital ad spending to surpass TV in 2017
India: seedstars Bangalore set for June 25th
Blue Box co-founder buys India-based
online incubation platform Startify
Emirates NBD to launch UAE digital bank
for millennials
Manny Pacquiao invests in Singapore
mobile game company Gtoken
Philippines: iWantSeats lands funding to
boost online bus bookings
The IOT Show Asia 2016 set for September
in Singapore
Indonesia: BEKRAF, VCs team up to fund
creative sectors
Korea: seedstars Seoul set for June 16th
TechforGood accelerator seeks Singaporean
and Israeli social-tech startups
Can data solve Singapore's parking woes?
A look at the differences between Make In
India and Startup India
Hong Kong's second WeWork location will
open in Wan Chai
Why the UK's Government Digital Service
banned mobile apps
How Yansen Kamto plans to help Indonesia
build 1000 startups by 2020
User experience dominates Fintech 2020
Sydney event
Moka lands US$1.9M: Indonesian SMEs can
now accept cashless payments
Int'l lessons in designing & running a
national innovation agency
BTCC launches limited edition titanium
physical Bitcoin
CBInsights' Periodic Table of Food Tech
startups
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june 2016 startup news
page 20 of 22 tiny.cc/newsdaily
1 week to Echelon Asia Summit: 5000
digital professionals & entrepreneurs
Rare Birds Conference, Sydney, June 8-9:
Australian entrepreneurs & innovators
India's fashion ecommerce platform
CoutLoot lands funding
Edugild accelerator signs MoU to support
India's edtech startups
Grush startup taps IBM Cloud to create
gaming toothbrush
Taiwanese startups seek their fortune at
Computex Taipei IT expo
Just 1 in 10 IoT devices has adequate
security, warns research
Has Indonesia's startup boom begun?
$14bn investment predicted
Meet Grokking, Vietnam's community for
software engineers
PayPal files Bitcoin payment patent
Myanmar tech hub Phandeeyar lands $2m
from repeat investor
Unbanked populations:
The missing links in the fintech ecosystem
On WSJ: Asia innovating with new ways to
generate revenue
5 of the most useful properties of Bitcoin
SE Asia: '...arguably the fastest-growing
internet market in the world'
India: HealthQuad fund launched to invest
in healthcare startups
Singapore-based startups expand reach
thru tie-ups with global names
Entrepreneurs concerned Coalition, ALP
still misunderstand startups
Friday Beers delivery startup lands Shark
Tank investment
A look at the creation of TechSydney,
Australia's tech supergroup
On WSJ: What Is a Bank? The existential
crisis facing banks in 2016
Microsoft unveils blockchain-based
identity system
'There's too much groupthink in the
tech ecosystem'
Why gaze tracking startup Cogisen is
looking closely at the Internet of Things
Quantifying media attention to predict
technology trends
The most prolific investors in SE Asia in the
last 5 quarters
Queensland music streaming startup
Guvera aims for ambitious IPO
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june 2016 startup news
page 21 of 22tiny.cc/newsmonthly
Japan's women rise in startup lists, often
crowdsourcing for finance
Australian online marketplace startup
RangeMe gears up for growth
Australian Pollinate Energy startup aidng
India's poor
2 startups aim to enable Bitcoin purchasing
at Australian newsstands
Time for a rethink of the technology
incubator model...
Vietnam coconut drinks startup Hamona
lands 6-digit funding
Nucleus Software launches mobile lending
solution mApply in Australia
StartupAUS: $15m for startups not enough
Australia's CSIRO to host Eighteen04 to
foster clean tech startups
Chinese VR firm forms $30m M&A fund to
back content producers
ZhenFund, China's biggest angel fund bets
on young consumers boom
10 reasons why Cambodia deserves investor
interest
SE Asia fintech startups received $150m VC
capital last year
FinTech Australia appoints CEO
Singapore's SPRING launches US$1.45Bn
SME loan program
Maybank mobile app launch hints at
potential in Cambodia
A look at Singapore's startup ecosystem
growth over the last 5 years
Singapore housing board to run
Hackathon, seeks innovative living solutions
Intel moves into fintech as PC sales slump
Telstra, NAB open Proquo digital
marketplace for small business
Fintern Fever at Sydney's Stone & Chalk Hub
lets students compete for internships
Allianz launches digital innovation lab
in Singapore
Meet Timo, Vietnam's digital bank aimed
at millenials
Malaysia's Jirnexu eyes new market, aims
for 2017 white-label launch
1337 Ventures Alpha Startups program to
power Digi incub8
CapitalPitch VC raising new $10million
startup fund
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june 2016 startup news
page 22 of 22 tiny.cc/newsdaily
A look at Thinxtra, Australian IOT startup
making serious moves
Singapore's FinAccel aims to unlock
ecommerce growth in Southeast Asia
7 of Thailand's 7 dtac accelerate startups
land combined US$1.9M funding
Standard Chartered takes mobile & online
banking to 8 African countries
Swedbank launches digital banking unit
Wellth, digital health startup, lands
$2million, led by AXA Strategic Ventures
Indonesia: P2P lender Investree to raise
funding from Kejora
Silicon Valley's Jaunt VR startup
enters China joint venture
Westpac's Innovation Challenge opens for
health tech startups
Singapore to pilot social robots to teach
kinders math & social skills
Beijing plans 'Beijing Connect' predictive
svcs for elderly
SoGal Ventures founder, changing
things for women entrepreneurs
Visa Europe contactless transactions
pass 3 billion mark
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Young and hyper-connected
While basic financial products and services have low penetration rates in Vietnam, with 20% in terms of bank accounts and 3% for credit card, Vietnam remains a highly attractive market for innova-tive financial services companies. This is mostly due to one particu-lar element: the country’s young and hyper-connected population.
Vietnam ranks as the 7th country in terms of internet users and has mobile penetration of 24%, and smartphone penetration of 15%.
More from Fintech News Singapore:Web: www.facebook.com/FintechVN/Twitter: @FintechVNEmail: ck@finanzpro.ch
To keep up-to-date with Vietnam’s fintech scene and more:Meetup.com/Fintech-Vietnam-Meetup/
To continue reading the Fintech Vietnam Startup Report, scan the QR code.