[Press Release] Win up to $200K in investments at Asia Blockchain & Fintech Startup Competition

In the framework of the Global Startup Competition Series, EDGE196 group announced the launch of Asia Fintech and Blockchain Startup Competition 2020.

This startup competition is a prestigious virtual elevator pitch contest where top Asian founders or startups working with Asia will showcase their business ideas to the panel of investors. Objective is to identify the next generation of startups leading the transformation of the fintech and blockchain industries and to invest in them.

EDGE196 is an investment company with a global startup ecosystem designed to provide mentorship and business support to entrepreneurs in 196 countries. The company is focused on providing the necessary ecosystem to talented founders to help them succeed.

“While financial technologies are leading everyday lives in China, Singapore, HK or Japan, many Asians, in particular those of 40 million Asian workers abroad, are still struggling to remit money to their families back home. This is just the tip of the iceberg. I look forward to this competition and the opportunity it brings to the Asian fintech and blockchain ecosystems.” said Jay Patel, the founder and CEO of EDGE196.

EDGE196 has been in the forefront of startup competitions and hackathons since its inception. In 2017, at the Global Startup Competition, EDGE196 selected 21 startups as pitch finalists among 3000 applicants.

Asia Blockchain and Fintech Startup Competition officially opens its virtual doors on October 19, 2020 for six weeks allowing the next generation of entrepreneurs to submit their investor deck online. Six winning startups will be announced on December 4, 2020 and invited to spend four weeks with the EDGE196 mentors and investors in Sugar Land, Texas.

In addition, each one of the winning teams will receive between $25,000 and $200,000 in equity investment. EDGE196 will further evaluate the selected companies and invest up to $1M as a follow up round.

The applications are open from October 19 until December 4, 2020. Startups can apply directly at https://www.edge196.com/startup-competition-asia

All funds awarded are equity investments subject to due diligence and the execution of appropriate investment documentation.

About EDGE196:

EDGE196 is an investment company with a global startup ecosystem designed to provide mentorship and business support to entrepreneurs in 196 countries. EDGE196 aims to fund thousands of vetted projects in the next few years using its “3M-Model”  – Money, Mentorship, and Market access. EDGE196 primarily focuses on disruptive, high-growth startups in the fintech, real estate, health/biotech, blockchain, agri/food-tech, climate/energy, social impact and edu-tech sectors. The headquarters is in Sugar Land, Texas.

Join us on social media:

https://www.facebook.com/EDGE196/

https://twitter.com/edge196?lang=en
https://t.me/joinchat/AAAAAEV25x5FHt8ahsjL5Q

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Mental Health Tips for When You Get Back in the Office

Mental Health Tips for When You Get Back in the Office

The COVID-19 pandemic has brought a lot of challenges for employees working from home. As we are fast approaching the post-pandemic world, we have to start getting accustomed to heading back to the office again. No doubt, it is going to be difficult adjusting to the long-forgotten habit of getting ready early in the morning, putting on your finest work clothes, working till 7pm in your suffocating cubicle and dealing with horrible bosses and gossipy colleagues face to face.

Top Three Online Job Portals in China for English-Speakers

Top Three Online Job Portals in China for English-Speakers

China is a fast-growing economy and currently boasts the second-largest economy in the world behind the United States. Many people from around the world have tried searching for jobs and achieving career success in the country. The majority of English-speaking people in China find work in multinational companies that are mostly located in metropolitan Shanghai and Beijing.

How Does a Startup Become a Unicorn

How Does a Startup Become a Unicorn

In the startup world, a unicorn refers to any startup with a valuation of over US$1 billion. Companies like Airbnb and Netflix fall under the unicorn category. As of 2021, there are 650 unicorns in the world with a cumulative valuation of US$2,173 billion.

Meet the Young Woman Who Saved Kenya’s Plastic Waste Problem

Meet the Young Woman Who Saved Kenya’s Plastic Waste Problem

Kenya has a huge plastic waste problem. A 2015 report found that the Kenyan capital Nairobi produced around 400 tons of plastic waste every day. Yet, less than half of that had been recycled. Despite outlawing single-use plastics in 2017, the country is still drowning in them. The Dandora landfill, located in the heart of the Nairobi slums, currently receives more than 2000 metric tons of waste daily.

How Can Your Company Become More Energy-Efficient

How Can Your Company Become More Energy-Efficient?

Countries and companies are consuming too much energy today. The abrupt power cuts in China are a testimony to that. The country was forced to cut power across factories and towns to meet their energy goals. Energy efficiency—using less energy to do more—does not have to be this challenging and cumbersome, not for large corporations or startups.

Cyberport Venture Capital Forum

How Will Humans and Technology Interact in the Next Decades?

While the world has witnessed a rapid digitalization of our everyday life in the course of the pandemic, attention has been brought to the debate that has long been around–how should humans and technology interact? And how do we prepare for new developments? In response to this, Dr. David Siegel, Co-Chairman and Co-Founder of financial sciences company Two Sigma.