Singapore’s startup ecosystem continues to thrive, particularly in the finance and Web 3.0 sectors. Here are five startups that are leading the charge with their innovative solutions and impressive growth trajectories.
Beoble
Beoble, founded in 2021, aims to enhance social interactions in Web 3.0 through its messaging app that connects users via their Web 3.0 wallets. The app incentivizes communication with fiscal rewards. In February 2024, Beoble raised $7 million, with Samsung as a significant investor.
Decentro
Founded in 2020, Decentro is a FinTech startup that streamlines the creation and deployment of banking APIs. This platform enables faster and more accurate banking integrations. Over three funding rounds, Decentro has raised $4.7 million from 31 investors, solidifying its position in the FinTech space.
Meson Network
Meson Network, established in 2020, provides a decentralized bandwidth exchange critical for Web 3.0 infrastructure. Its platform offers 90ms latency and a 10 TB per second network capacity. In January 2024, it secured $4.4 million to enhance its exchange and hire strategically.
Zklink
Zklink, founded in 2021, operates a cross-chain decentralized exchange using zero-knowledge rollups. This technology offers unlimited liquidity across 17 networks. In May 2023, Zklink raised $10 million to expand its team and customer base.
Partior
Partior, a 2021 startup, was founded by the Singaporean government in collaboration with global partners. It transforms financial infrastructure with real-time payment processing using unified ledger technology. In February 2023, Partior secured $31 million in a Series A round led by Standard Chartered.
These startups are at the forefront of finance and Web 3.0 innovation in Singapore. With substantial funding and strategic initiatives, they are poised to lead the way in transforming their respective industries in 2024.
To read more startup stories visit- thesingaporepress