PayPal Incubator
Prime co-working space at PayPal’s Singapore Development Center located at Suntec City.
Structured learning conducted by experts in the FinTech industry on Finance and Technology topics.
Coaching and mentorship by PayPal executives and subject matter experts.
Access to talent from within and outside PayPal.
Access to funding through PayPal’s network and VC connections.
A collaborative environment where startups feed off each other’s energy, creativity and support.
The PayPal Incubator is for you if you
- Are a FinTech product or technology startup.
- Have a minimum viable product (MVP) and early trial with customers.
- Preferably armed with seed stage funding.
- Are based out of Singapore or willing to relocate your startup to Singapore.
Our Latest Happenings
PayPal Demo Day 2017
PayPal Pitch Fest 2018
Our Incubatees
InvoiceInterchange's mission is to be the regional leader and preferred partner for short-term financing that helps businesses take control of their cash flow in an online hassle-free manner. InvoiceInterchange delivers value to customers through strength in our technology and robust risk management.
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TenX makes sending and spending money (with cryptocurrencies) free around the world. Users can make payments to 32 million merchants around the world through credit card terminals. TenX, which is powered by Bitcoin, Ethereum and other blockchain technologies, aims to bring the power of cryptocurrency mainstream.
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Axinan builds technology that leverages big data and machine learning to quantify the risks of transaction anomalies and creates innovative products such as real-time smart insurance and instant financing.
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PolicyPal helps consumers to manage, optimise insurance policies through the OCR technology and AI chatbot, offering personalised recommendations using social media and existing policies data. We are the first fintech startup to enter MAS Fintech Regulatory Sandbox and now a full licensed insurance broker in Singapore. PolicyPal is funded by 500 startups and working with global insurance companies disrupting this space.
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Chynge makes the world a safer place. Chynge Central is a cloud service that applies AI and machine learning to reduce the risks of cross-border payments arising from pervasive money laundering, terrorism financing, and fraud. Chynge works in a tripartite with financial institutions and regulators to create expert systems with high confidence levels. Chynge is regulated in Hong Kong and Singapore. It is also in Regulatory Sandboxes in Brunei, Abu Dhabi, and the UK, hence, creating the world’s first Sandbox-to-Sandbox payment corridor secured by AI and machine learning at both ends.
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Commerce has definitely arrived in social media and more and more people are buying and selling over Facebook, WhatsApp, and YouTube. Jumper.ai wants to make social commerce easier through hashtags.
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Our Testimonials
Brian Teng
CEO & Co-Founder of InvoiceInterchange
We learnt a lot from PayPal on many aspects of the business e.g. risk management and technology. Not only were we able to gain diverse perspectives from the other startups in the program, the networking and mentorship we got from entrepreneurs and leaders in the program were invaluable. We’re extremely grateful to have been part of the PayPal Singapore's first ever Incubation program.
Toby Hoenisch
CEO & Co-Founder of TenX
PayPal Incubator has been amazing. PayPal went above and beyond to connect us internally and externally to foster synergies from Singapore to the US. Since joining PayPal Incubator, we established ourselves as a leading company in the blockchain space and the connections we have built with PayPal will be of great value going forward for many years to come.
Wei Zhu
CEO and Founder of Axinan
PayPal Incubator is AMAZING! They went out of their way to help us in our journey. Besides the material support from PayPal Incubator, the PayPal Innovation Lab team always helped us with whatever support we needed. YY is like a member of our team to us. He always helped us to connect with right people and potential investors and has been super responsive and supportive.
Joe Tusin
CEO and Founder of Chynge
The PayPal Incubator is an amazing program. We are thick in the fabric of PayPal operations, in the heart of the PayPal office, with unbridled access to resources from the Senior Vice President, down to the deepest reaches of his team.
Yash Kotak
CEO and Co-Founder of Jumper.AI
As Jumper.AI integrates within social media, it was critical for us to partner with PayPal to enable our merchants to collect payments and offer buyer protection. Being a part of PayPal Incubator not only accelerated the integrations, but also enabled us to develop a completely new experience for payments on social media, especially on Messager. To top it all, we received hands-on support and guidance from key stakeholders at PayPal on a spectrum encompassing sales, marketing and growth.
Val Yap
CEO and Founder of PolicyPal
Being part of PayPal Incubator play a huge role in growing PolicyPal. One of the greatest benefits is the ability to tap into a strong network of business partners. It has jump-started our company and brought us to where we are today. The value that our mentors, especially YY Lai have brought to us has been instrumental in our success.
