NetGuardians joins Hong Kong Accelerator Program

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26.07.2016
NetGuardians Singapore

The fintech startup NetGuardians, recognized for its software solution to combat fraud and risk for bank clients, has been selected from more than 150 applicants worldwide to participate at the DBS Accelerator program in Hong Kong.

DBS Accelerator is a collaborative initiative between DBS Bank (Hong Kong) Ltd and Nest, a Hong Kong-based startup incubator and full-service ecosystem. The second edition of the program was kicked off yesterday with the orientation week for the nominated finalist startups including NetGuardians. These were selected due to their vision and potential to shape the future of finance with innovative Fintech solutions in areas of Big Data and blockchain. The 12-week mentor-driven programme will take place at the Vault, a state-of-the-art co-working space in Wan Chai, Hong Kong until November 2016.

DBS Bank (Hong Kong) CEO Sebastian Paredes, states, “FinTech innovations in artificial intelligence, big data, blockchain and more are spurring many exciting breakthroughs that will shape the way consumers and corporations transact and interact. As an active participant in the FinTech ecosystem, we are very pleased to see DBS Accelerator helping innovative FinTech startups unlock their potential. We are committed to being an active participant in shaping the future of finance.”

NetGuardians COO and Co-Founder, Raffael Maio, is invited to participate at the program in Hong Kong. “Following our success in Europe, the Middle East, and Africa, we have recently launched NetGuardians Singapore to bring our innovative Big Data software to help financial institutions beat fraud and automate regulatory compliance in APAC countries. We believe DBS Accelerator will provide NetGuardians Singapore with the necessary resources to launch successfully in the Asian market”, says Raffael Maio.

(RAN)

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