Smart-Space company APrivacy selected for elite global FinTech Hackcelerator
Cyberport start-up APrivacy was chosen among close to 700 FinTech start-ups worldwide to take part in the global FinTech Hackcelerator, a scheme organised by the Monetary Authority of Singapore and backed by PwC and Plug & Play. APrivacy was the only Hong Kong-based company to be chosen.
In all, twenty elite FinTech start-ups will participate in the programme that features mentorship, high-level networking and first class infrastructure facilities. The scheme also matches technology industry experts with buyers from the financial services sector.
APrivacy was chosen based on its solution proposal which addressed many of the sector’s problems including authentication, statements, payments and secure transmission.
“We couldn’t be happier and more honoured by this selection which will undoubtedly help the company’s development in the Singapore financial community and consolidate our legitimacy in the Asia Pacific region,” said Dr. Cédric Jeannot, founder and CEO of APrivacy.
APrivacy will be able to showcase its cutting-edge technology which combines military-grade data security with seamless user experience for the financial services industry at a demonstration day on November 15 as part of the FinTech Festival in Singapore.
“We would like to congratulate APrivacy’s entry to this prestigious scheme. Their outstanding technology has been recognised by the industry and participation in this programme will accelerate the company’s innovative technology growth,” said Mark Clift, COO of Cyberport.
The company’s enabling technology allows the financial services industry to confidently and seamlessly communicate with their clients using their favourite channels resulting in increased revenues and reduced costs while also meeting the strictest regulatory requirements.