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January 20, 2016

Thomson Reuters Partners with Startupbootcamp FinTech Singapore

Partnership to bring Thomson Reuters technology, market data access and mentoring to FinTech startups undergoing Startupbootcamp’s accelerator program in Singapore

SINGAPORE  Thomson Reuters announced today it has partnered with Startupbootcamp FinTech to bring technology and market data access to startups undergoing the Singapore accelerator program.

Under the partnership, Thomson Reuters will be involved in the evaluation process and mentorship for the program as well as gaining access to innovative and promising startups at their early stages.

Sanjeev Chatrath, Managing Director, Financial & Risk, Asia Pacific, Thomson Reuters, said, “The financial services firms of the future will be more connected, data driven, flexible, mobile and digital. Asia is a hot bed of FinTech talent – the new partnership with Startupbootcamp reinforces our commitment to creating an open environment and promoting cooperation within the FinTech ecosystem in the region. By partnering with Thomson Reuters, startups can make connections that they, with little or no operational history, might otherwise find hard to achieve.”

Steven Tong, Managing Director of Startupbootcamp FinTech, said, “The Thomson Reuters partnership supports the growth of the regional FinTech ecosystem in Asia Pacific and fosters change in the industry. We are excited to discover innovative business solutions based on Thomson Reuters’ data sets and technology platforms.”

Startupbootcamp FinTech is the leading global accelerator program focused on financial innovation, providing FinTech startups with funding, mentorship and guidance from leading financial services industry partners. Startups will also gain access to a global network of investors and venture capitalists.

To date, Startupbootcamp FinTech Singapore has accelerated 11 teams that have achieved milestone growth since Demo Day last July 2015. Startups like Toast and Kashmi have closed pre-series A funding rounds. Startups having received mentorship and practical guidance from over 200 entrepreneurs, investors, industry participants and partners as well as access to international markets.

Applications for the 2016 Startupbootcamp FinTech Accelerator program remain open until 7th of February 2016.

Successful teams selected for the Startupbootcamp FinTech accelerator program will receive:

  • Extensive mentorship from 200+ entrepreneurs, investors, and partners
  • Access to top markets in Europe, US and APAC
  • 3+1 months free office space
  • SGD24,500 in cash per team
  • Exposure to 200+ Angels & VCs
  • Invitation to Startupbootcamp global alumni network and growth program

The program is open to all early stage startups in FinTech across Asia.

About Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets.  Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com


About Startupbootcamp FinTech
Launched in 2014, Startupbootcamp FinTech is the leading FinTech accelerator, and the only programme of its kind to attract such wide industry support. Based in London, New York and Singapore, its partners include Lloyds Banking Group, MasterCard, Rabobank, Thomson Reuters, Bank of Scotland, arvato Financial Services, Halifax, My Order, DLL Financial Solutions, MJ Hudson, Route66 Ventures, Intesa Sanpaolo, DBS Bank, RHB Bank, CIMB Bank, PwC, IDA, Infocomm Investments, Jungle Ventures and PixVine Capital, as well as an extensive mentor and alumni network from more than 50 countries across the globe. The award-winning accelerator offers FinTech startups access to world class industry expertise during an intensive three month programme. At the end of the programme, startups pitch at Demo Day to more than 500 investors and individuals from financial services.

Founded in 2010, Startupbootcamp is a global startup accelerator with 14 programs in Amsterdam, Barcelona, Berlin, Copenhagen, Eindhoven, Istanbul, London, Miami, New York and Singapore. More than 300 startups have been accelerated by Startupbootcamp of which 79% are still active. For more information visit:

 

CONTACT

Silke Marsh
Thomson Reuters
Tel: +852 2843 1623
Email: silke.marsh@thomsonreuters.com

Kimmy Paulino
Startupbootcamp FinTech
Tel: +65 81117628
Email: kimmy@startupbootcamp.org