These days Singapore is strengthening its business criteria and is approaching towards becoming a world-wide fintech hub and Smart Nation. Singapore has popularised itself as a preferred destination for fintech start-ups in Asia.
This is the best time for an entrepreneur to invade in Singapore Market, as it will definitely find world infrastructure, strong government support, and resources. We list down top five fintech start-ups who are looking to make a mark at the Tech in Asia Singapore 2017.
- FOMO Pay
FOMO Pay, a startup designed with the perspective to catch a significant part of Chinese market spends. As Chinese tourists are rushing towards Southeast Asia and they are counted as one of the biggest spenders on the planet, that’s why this startup hopes to capture a part of these spending. It proffers a wide assortment of Chinese preferred mobile wallets that support offline as well as online payments. All these will help merchants to be on the top of all and proffer a more convenient mode of payment for Chinese consumers.
- Investing Note
However, there are loads of social networking sites, still there is a need to evolve a platform that will be focused on specific audience. In this context, InvestingNote comes in to existence that is developed to append retail capitalists in and around Singapore. It provides a platform where retails investors share their trade ideas and market insights on various stocks for like minded entrepreneurs.It’ll positively help clients settle on a more educated choice before making that move to contribute.
Wizdraw is designed to help the ever growing number of people who are working abroad in the global market. Developed by a group of big data scientists, this sharp application checks, looks at and picks the best withdrawal area for your settlements. Other than this, the application has different services as well such as expenses notification and financial planning. All of these are specially designed to compete all of your need related to financial aspects.
- Talad Invoice
This stratup proffers a new different option for unlocking funds by pitching your unpaid solicitations to speculators within 24 hours. Because it knows thatsolicitations with long credit terms are frequently a typical reason for flow problems in business especially small one. It’s short lead time concept helps to overcome common problems of projet cost, payroll and overhead faced by businesses. The usual credit term prevailing in the market has a time period of 30, 60 and 90 days respectively.
Socash is the foremost fintech startup that is supported by Monetary Authority of Singapore. This startup owns technology that will help those people who get irritated by waiting in ATM queues for cash withdrawal. It even helps to locate an ATM in a specific area. You should simply submit a request on SoCash inside the bank’s application and you can advantageously get your money at your chosen outlet. In fact, all the process includes no machine, no card, and no PIN.