Startupbootcamp FinTech Singapore has appointed a new managing director (MD) in Steven Tong, formerly of Infocomm Investments and the London-based accelerator, and welcomed three new members in PwC Singapore, Pix Vine Capital and Jungle Ventures.
The incoming MD of Startupbootcamp FinTech Singapore, Steven Tong, brings 15 years’ worth of experience working with financial technology (FinTech) companies in Singapore and the US. He was instrumental in funding several accelerator programmes when employed at Infocomm Investments, including JFDI and the original Startupbootcamp FinTech in London, which he was heavily involved in.
Tong will work closely with Markus Gnirck, global COO in Singapore and the whole of the global Startupbootcamp FinTech team in the Asian city state.
One of his first jobs is to welcome three new members in PwC Singapore, Pix Vine Capital and Jungle Ventures who have been brought on board to provide expertise, exposure channels, and access to a network of industry professionals, capital and contacts in Singapore and across the wider Asia-Pacific region.
As more financial institutions (FIs) recognise the value in working with FinTech startups, Singapore is attempting to cement its position as a high-potential FinTech ecosystem location.
Startupbootcamp FinTech recently announced a cohort of 10 new teams for its Singapore accelerator. The chosen startups cover some of the biggest trends in FinTech, including blockchain technology, wealth management and financial inclusion.
“Having worked with startups across the US and Asia over the last ten years, I am extremely excited to be joining what, I believe, is the best FinTech accelerator in the region,” said Tong. “I am looking forward to working with the three new partners coming on board, PwC Singapore, Jungle Ventures and Pix Vine Capital, who will play a crucial role in helping the 10 startups in this year’s programme scale regionally.”