Startups from 48 Asian economies to get $200K in seed funding

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Startup Pitch Competition has officially started. If your startup is in Asia or you work with one of 48 Asian countries, you should seize the opportunity to apply for the investment and receive up to $200,000 to develop your company.

Houston, USA — October 30, 2020 — EDGE196, an investment group from Texas, USA, organizes an Asia Fintech and Blockchain Startup Competition 2020. This startup challenge gives entrepreneurs in fintech and blockchain an opportunity to win from $25,000 to $200,000 in seed funding. 

Dates of the Startup competitions are October 19 – December 4, 2020. Winners will be announced on December 15, 2020.

The panel of investors and experts will evaluate business ideas from founders from Asia or working with Asia at this prestigious virtual elevator pitch competition. The plan is to source the next generation of fintech and blockchain founders leading the transformation in these industries and to invest in them.

Eligibility criteria:

– Innovative solutions in Blockchain and Fintech

– Companies that are less than 5 years old

– Innovative and scalable services and products

– Showing initial signs of traction

– Individuals cannot be members of more than one team of applicants

– Startups can be from any country but relevant to Asia

EDGE196, the organizer, 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 fintech technologies lead everyday lives in China, Singapore or Japan, many Asians, in particular those of 40 million Asian workers abroad, are still struggling to remit money to their families in their country of origin. This is just part of the problem we are helping to solve. 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. 

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

You can submit your investor deck at http://fintechasia.edge196.com/