The FinLab

The FinLab is a corporate FinTech accelerator jointly ventured by a financial institution, United Overseas Bank (UOB), and a venture capital fund, Infocomm Investments Pte Ltd (IIPL). We run a 3-month programme for early-stage FinTech startups to refine and strengthen their business models, get the right product-market fit, and exponentially scale their growth.

Through our deep expertise and broad experience in the financial industry and the venture capital ecosystem, we provide start-ups with valuable insights, analytics, and a strong infrastructure to propel their businesses to the next level. Our wide connections in ASEAN, Greater China, Europe and the United States provide our start-ups an unparalleled access to the global market for growth and expansion.

Through UOB, one of the region’s largest banks with over 500 offices in 19 countries, our startups have access not only to deep industry expertise from the mentorship provided by UOB business (or department) heads, but also the potential to go-to-market and commercialise quickly with the direct support of the bank. We want to help each startup make UOB their first client.

On the other hand, through IIPL, a wholly-owned subsidiary of Infocomm Development Authority of Singapore (IDA), our startups benefit from critical business model appraisal and advice, and connections to IIPL’s broad network of investors for follow-on funding. IIPL also runs a fund of US$200 million, dedicated to help grow the tech industries here to support Singapore's vision of becoming the world's 1st Smart Nation.

The FinLab runs its programme in BASH, a co-working space right in the heart of Singapore’s startup hub, JTC Launchpad. Home to more than 500 startups, VCs, and other SMEs, JTC Launchpad is a vibrant, nurturing community for startups, something that FinLab acceleratees can surely benefit from.

So do you have what it takes to be the next big FinTech startup? We are here to help!