Fund Manager Goals of the Scheme
Establish Singapore’s most innovative platform through an ecosystem of strategic partners to cater for the entire spectrum of funding and business development needs of FinTech startups and entrepreneurs.
Committed to providing a complete and well-rounded investment and incubation program to cultivate and support the growing needs of technology pioneers in order to groom the next generation of leaders in their respective industries as well as strengthen their value creation and contributions to the Singapore and SEA communities.
Build an innovative super ecosystem to lead and connect innovations in Singapore’s FinTech industry and accelerate financial inclusion, bringing new vigour and vitality into digital finance and new energy to Southeast Asia markets.
14 September 2020 - The Fund announces its first batch of investments in five innovative FinTech companies spanning across AI, SME financing solutions, insurtech, cross-border payment platform and card payment solutions. This first batch of investments amounted to S$11.5 million through a variety and innovative mix of investment structures including, among others, equities, convertible notes, venture debts, warrants and options.
Click here to view the full press release.
Details of the Scheme
√ Equity, convertible notes and/or venture debt matching
√ The Scheme will co-invest alongside identiﬁed investment partners
√ All applicants must be located in ASEAN and fully on-boarded members of APIX
√ Due diligence will be conducted by the fund manager together with the identiﬁed partners or accredited investors
√ Online application available on APIX from 27th April