F10 accelerator partners with PwC Singapore for fintech accreditation program

F10, a startup incubator and accelerator, said that fintech startups joining its newest accelerator batch in Singapore will be the first cohort to be evaluated through PwC Singapore’s accreditation program.

Jonas Thurig, head of F10 Singapore/ Photo Credit: F10

The accreditation aims to help fintech startups gain credibility with potential customers. Companies will be vetted across key areas including compliance, business models, and staff.

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“The fastest route to innovation lies in early collaboration between agile startups, incumbents, and investors,” said Jonas Thurig, head of F10 Singapore.

The accelerator’s other corporate partners include SIX (the Swiss Stock Exchange), private banking firm Julius Baer, and blockchain company R3.

F10 is looking to support fintech, regtech, and insurtech startups for three months through a set of workshops. Startups are eligible to graduate from the program if they are able to execute a pilot project with sufficient cash flow.

F10 Singapore’s new accelerator cohort includes:

• Apiax, a regtech startup that transforms complex regulations into digital compliance rules which are accessible for everyone
• Couture.ai, an AI platform that enables the collaborative development and operation of machine learning models in production at scale
• CoverGo, an insurtech firm with an enterprise-grade platform to enable digital insurance transformation
• Propine, a securities service provider with a Capital Markets Services license from Singapore’s central bank
• Signzy, a banking startup with a platform to help customers with processes including know your customer, risk modeling, digital forensics, and government and private data sources
• SynctacticAI, a predictive data science platform that helps businesses turn their datasets into actionable insights