The Singapore Fintech Association (SFA) has launched Project Tapir to identify and showcase promising Singapore fintech companies that are keen to launch in Malaysia.
The project is in partnership with Malaysia-based venture capital (VC) firms, FWD Group-affiliated Artem Ventures and Bursa Malaysia’s ACE Market-listed OSK Ventures International Bhd (OSKVI).
The companies Project Tapir would seek includes those in the payments, regtech, insurtech, artificial intelligence, sustainability and climate related tech, healthcare, enterprise tech as well as other emerging technologies where Artem Ventures and OSKVI specialise.
1337 Ventures, a Malaysian-based VC firm specialising in early-stage technology startups, is supporting the project as a secondary partner.
Under the arrangement, SFA will play a key role in shortlisting potential Singapore fintech companies to be part of an SFA delegation that will travel to Malaysia for a business mission in May 2024.
Both anchor VC firms will support the selected companies in their expansion efforts in Malaysia, including providing access to local industry insights and advice.
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“Artem Ventures and OSKVI both have deep expertise in the Malaysian FinTech space and we hope this latest initiative will support our members and positively impact both the economic and talent markets in both countries,” says SFA president Shadab Taiyabi.
