Homegrown fintech is first Asian startup to win funding from Wells Fargo
Kuala Lumpur
HOMEGROWN fintech startup Jewel Paymentech has won up to US$500,000 in funding from Wells Fargo, making it the first Asian startup to be backed by the American financial services company through its accelerator programme.
Jewel, a provider of intelligent risk solutions for the banking and electronics payments industry, and whose clients include the largest banks in South-east Asia, said on Wednesday that it will join the San Francisco-based bank's Spring 2016 accelerator programme starting this month.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10