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Innovative early stage start-ups specializing in FinTech are invited to apply
Maybank, Malaysia's largest lender and a leading banking group in Southeast Asia, has partnered with 1337 Ventures, Malaysia's leading technology accelerator, to source for promising Financial Services Technology (FinTech) start-up ideas.
To cultivate innovation, the Maybank Group will hold a one-day road show for its ideation boot camp in four main emerging markets in the region, namely, Manila, Jakarta, Bangkok and Kuala Lumpur where start-ups, not just those focusing on the FinTech space can submit their applications. Start-ups will be exposed to the opportunities in Southeast Asia and Maybank in each leg of the Ignite programme (road show). Participants can register and start submitting their applications at www.maybankfintech.com or during the road shows. Applications must be in the form of a one-minute video pitch of their app idea. Start-ups have one month after the road shows to submit their ideas.
The #MaybankFinTech road show schedule is as follows:
The top 20 start-ups with the best ideas will be flown to Maybank's headquarters in Kuala Lumpur, all expenses paid, to join a three-day FinTech idea validation boot camp from June 13-15, 2015. In this phase, Maybank and 1337 Ventures will choose top start-up ideas that will undergo a three-month on-boarding and pilot testing phase with Maybank to validate the feasibility of the adoption and implementation of their idea.
Maybank will be looking at start-ups from around the region based on seven main central tenets:
"Maybank is excited to be running this event. We want to be a central member of the Fintech community in the region, to help grow and support entrepreneurs, by providing them with a platform to connect directly with the financial industry. Starting with this event, we hope to create an on-going dialog between us, the financial industry and the many entrepreneurs out there. There is much to learn from each other," said Amran Hassan, Head of Corporate Development & Innovation, office of the Group President & CEO.
"Fintech has great potential and opportunity in the emerging markets especially around areas of payments, which is why 1337 Ventures is delighted to partner with Maybank on its Fintech initiatives in South East Asia," said 1337 Ventures.
For further inquiries on Maybank, visit www.maybank.com or email firstname.lastname@example.org to know more about the event. Meanwhile, for questions on 1337 Ventures as well as its affiliated programs, email email@example.com or visit www.1337.ventures