UOB’s FinLab releases its top 8 favorite fintechs

Source: Shutterstock
After receiving 400 applications from about 44 countries, FinLab has just released their top eight best fintechs in the world for their annual FinLab accelerator programme, and you’re going to love them!
FinLab is an accelerator programme that focuses on fintech. Their goal is to help fintech startups flourish by connecting them with both businesses and investors in order to further expand and develop their business.
Take a look at their top eight fintechs!
HelloGold

Source: HelloGold
HelloGold is a mobile app that allows its users to buy and sell gold right from their pockets! Similar to Bitcoin, the gold is used as a form of currency and can be bought for as little as RM1. HelloGold is an innovative and helpful app because it helps those who want to save in gold but cannot afford it while also helping those who want to borrow money but don’t have a good enough credit score. And the best thing about the whole thing is, even though you may never physically see it, it’s real gold!
Quber

Source: Quber
Quber is an app that has modernized the traditional way of saving money. It provides a service that allows the user to set financial goals for their future and progressively help achieve them. “Quber helps people be more mindful about their spending and helps them saving for things that they want,” Jen Leger, co-founder of Quber, said in a recent interview with Entrevestor.com. The app is easy to use and can even analyze a person’s or family’s spending and propose ways to spend less money on things like eating out less or buying less extravagant clothes.
Aimazing

Source: Aimazing
Aimazing is nothing short from its name. This mobile app lets you pay for for something with just the tap of of a button! Now, you don’t have to dig around your bag or wallet searching for your credit card, all you need is your phone! Here’s how it works. Using just the device speaker and microphone, inaudible soundwave is used to facilitate transactions with a Tap & Pay experience. Patent-pending proprietary algorithm and Aimazing Tokenization then ensure security in every transaction. Another benefit of this app is that it works on any basic device that has a speaker or a microphone and doesn’t require any specific hardware or OS system.
PayKey

Source: PayKey
PayKey is an incredibly prevalent app, especially in today’s day and age! Millenials, you’ll appreciate this one especially! Facebook, Twitter, WhatsApp, even Snapchat! PayKey allows you to make P2P payments within any social network or messaging application. It provides you with a payment keyboard which is then integrated with the bank’s mobile app.
BondLinc

Source: Bondlinc
Take your private banking relationship to the next level with BondLinc. Instead of paying a relationship manager, one can download BondLinc then it will gather bond prices from various financial institutions and these prices are accessible on an indicative basis. This added transparency gives clients the confidence to more actively trade their portfolios.
TransFICC

Source: TransFICC
TransFICC is an incredibly useful platform, especially for banks. It is an eTrading technology that provides solutions for the fixed income and derivatives markets. Instead of having to integrate with multiple fixed income eTrading locations, TransFICC provides a low latency, robust and scalable consolidated API.
Tookitaki

Source: Tookitaki
Tookitaki is a decision support system (DDS) created for businesses in order to help them yield smarter decisions. Their goal is to “transform the way organisations do predictive modeling”. With a machine learning platform created for banks and financial institutions, Tookitaki is constantly reducing fraudulent activities within business workflows.
Chynge
Chynge is a RegTech company that utilizes Al.Compliance.bot in order to certify that cross border payments are compliant, safe, transparent and fast for all parties involved in each transaction. Their website is currently under construction, but can be found here.