Nest also has two monthly events coming up in the next few weeks among other programmes and concepts in the pipeline and an Idea to Pitch Boot Camp to help founders refine their ideas, understand their businesses and communicate their vision. “Nest has assembled a star studded cast because we believe something great happens at the intersection of technology, business and creative” concluded Aaron Fu.
CEO Weekends: SuperFluid Labs & Creditable Selected for Nest’s DBS Accelerator in Hong Kong
South Africa’s Creditable and Kenya’s SuperFluid have been accepted into Nest Hong Kong‘s DBS programme, a 12 week accelerator which began on 3rd of August with demo day scheduled on 5th of November 2015.
This is the first batch of DBS Accelerator which not only helps give access to business opportunities in the South East Asia market but it also brings credibility to the business and an overall stamp of approval by one of the world’s leading financial players.
“We are excited to see SuperFluid (KE) and Creditable (ZA) take innovation born in Africa onto the world stage with the DBS Accelerator programme, inspiring other entrepreneurs on in Africa to continue building globally scalable ideas. Both African teams will now have a platform to access world class support, not just in Hong Kong and Nairobi, but in all our offices across the world.” Aaron Fu Managing Partner Nest (Africa).
DBS Participants receive d edicated support from the Transformation team within DBS, dedicated workspace in Wan chai – at the Vault ( DBS workspace for participating startups/ founders), introductions and one on one working sessions with key decision makers within DBS, key insights on how to build relationships with the DBS organisation as a service provider or partner as well as mentoring from relevant industry experts across business, FinTech and technology and opportunity for extended backing from DBS and NEST and access to NEST’s key expertise in marketing and strategy.
SuperFluid Labs offers analytics and product recommendations using alternative forms of data found in emerging markets like Africa to consumers and businesses to power a suite of data-driven products and solutions.
The firm also offers a financial management app and an analytics platform for businesses that will help them mine the stream of consumer data and financial behaviour collected to guide business strategy, drive revenue growth and shape new product offerings.
Across its user channels, service providers such as banks, merchants and utility providers the firm will be able to offer highly personalised products based on user profiles and emerging insights.
South Africa’s C reditable is a cloud-based micro finance solution that connects corporations with financial institutions and banks as a way of better serving the needs of their employees. Founded by former ABN AMRO banker Sechaba Ngwenya in South Africa in July 2013, the business is currently available throughout South Africa and it also has a presence in Ghana and Kenya. By the end of the year Creditable will also be in the EU via Germany.