startup news asia: june 2016

of 22

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

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http://www.thatlist.com.au/app

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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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

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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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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

































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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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: [email protected]

To keep up-to-date with Vietnam’s fintech scene and more:Meetup.com/Fintech-Vietnam-Meetup/

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startup news asia: june 2016

News & Politics