Who We Are

The Open Vault at OCBC is the Fintech and Innovation unit of OCBC Group. We are a seed team that supports OCBC Group in navigating key trends in new business models and technology. On a daily basis, we engage with the fintech eco-system players ranging from startup firm, institute of higher learning, venture capital firm and relevant government entities. We believe in creating value to our customer through partnership with the fintech eco-system through smart experimentation to increase the organisation agility.

Open Innovation

Innovation is not new in OCBC, we have invested in Design Thinking and Analytics capability. OCBC have also built a Technology Innovation Lab in our Tampines office. The Open Vault at OCBC is the latest innovation lab with a dedicated workspace located in the heart of Singapore Financial District. We now connect with the fintech eco-system to explore solutions, conduct joint lunch time talk and ideation in area of Wealth Management, Credit/Financing, Insurance, Authentication & Security, Analytics and Blockchain. Connect with us to learn more.


Meet our 2016 teams and follow their journeys

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We want to be your first client

Successful solutions may lead to commercialisation with OCBC

Understand your customer

Use real, anonymised data from OCBC to test and validate your idea

Get your startup funded

Access to Nest’s global network of mentors and investors








The best way to predict the future is to create it.

– Peter Drucker

The OCBC FinTech Accelerator, powered by NEST, is a mentor-driven programme designed to help entrepreneurs build the financial technology companies of the future, faster and more efficiently. Run from a dedicated space in Singapore, up to eight startups will be selected to join the full-time 12-week programme kicking off in May 2016.

Our vision:

To help individuals and businesses across communities achieve their aspirations by providing innovative financial services that meet their needs.

We’re proud to partner with leading businesses and organisations supporting innovation in our world today



Receive guidance and support from leading FinTech experts

Famous Lecturers

Developed and delivered by top entrepreneurship professors


Access to people who can help you make things happen

Dedicated Workspace

Access to a state-of-the-art co-working space in Singapore


Introductions to quality global investors with a proven track record in FinTech


Use of technology and services to help systematise and streamline your business


Leveraging both NEST and OCBC ‘s networks, participants will benefit from the knowledge and expertise of key industry leaders and renowned entrepreneurs from Singapore and around the world. Furthermore, mentors can offer access to a wider network of contacts that could significantly accelerate a company’s development. It is not uncommon for the mentor-entrepreneurs relationships founded during this programme to continue on well into the future.

The OCBC mentors network

The Nest mentors network


We are seeking up to eight ambitious startup companies from across the globe with an innovative FinTech proposition. If you are passionate about improving the banking experience and believe you can bring in a new era of FinTech innovation, we want to hear from you. There is no official limit on the size or stage of the companies we accept, it’s more about whether we feel the programme can have a significant positive impact on your company’s growth. Typically these are between one and five years old with a founder or co-founders and perhaps one to two employees.

The programme is designed largely for entrepreneurs who have early-stage companies in the following FinTech areas. This list is not fully representative and we welcome all FinTech focused companies to apply.

  • Wealth management
  • Credit and financing
  • Insurance
  • Cyber Security
  • Artificial intelligence
  • Big data and analytics
  • Mobility and payments
  • Blockchain
  • IoT

Upon acceptance into the programme, your IP and startup remains yours. OCBC is interested in helping you grow and develop your product.

What types of business does the accelerator focus on?

We are looking for innovative technology-focused startups that have the potential to scale and change the future of the financial sector. We love working alongside passionate entrepreneurs who have the vision to deliver and always seek these people out during the selection process.

What role will OCBC play in the accelerator?

OCBC is committed to supporting entrepreneurs and startups globally. Through this programme we’ll provide mentorship from carefully selected business leaders and experts, not only in FinTech but also in funding, marketing, PR, scaling, running concepts, pilot testing and more. OCBC will support the companies accepted into the programme by providing mentors, visibility and network opportunities. Founders will also benefit from Nest’s global network of investors, corporates and startups.


What are the networking and educational opportunities provided during the programme?

Throughout the programme you’ll be surrounded by like-minded entrepreneurs and teams. This will give you an excellent opportunity to build strong working relationships, learn from others’ experiences and also share your own. Each week the programme includes compulsory educational seminars but we also provide access to a calendar of educational workshops happening across Singapore.

Will all the mentors come from OCBC?

No. Some will, but the majority will be a network of entrepreneurs and business leaders in Singapore and the region. Many are listed at www.nest.vc/team.

What if my company is not an expert at developing FinTech solutions?

We’re not looking for experts, just creative startups with a visionary attitude and inspiring ideas. You’ll get access to Nest and OCBC’s experts in the field. All we ask is that you’re capable of building your own solution, have the drive to make it happen, and are focused on the potential of your startup.

What size of company is OCBC looking at for this programme?

We’re focused on startups so these tend to be small businesses consisting of a founder or perhaps a team up to about five. However there is no official limit on the size of the company applying. We’re particularly interested in FinTech solutions that can be quickly brought to market and will be ready for beta testing or launch at the Investor Demo Day.

Does my business need to be a B2C or B2B business?

It can be either.

Is there a cost to apply?

The programme is free for startups. OCBC will cover some of the costs associated with one founder moving to Singapore for the duration of the programme

Will you arrange my visa?

Yes, this will all be arranged once you’ve been accepted into the programme.

What is a typical day like for an OCBC accelerator participant?

We’re pleased to say there’s no such thing as a typical day. Throughout the programme you can expect somewhere in the region of 100 potential meetings with mentors, venture capitalists, CEOs, innovators and industry visionaries.

How can participants receive funding after the OCBC Accelerator ends?

You’ll have the opportunity to showcase your product or service at Investor Demo Day, where a range of potential investors including venture capitalists and influential industry leaders, will see your proposition and listen to your pitch.

When is the Investor Demo Day?

The Investor Demo Day will be held in July 2016. This exclusive event will be closed to the public and the guest list will include key people from our expansive network of industry leaders, investors, venture capitalists and press.

Will Nest invest in my company?

As part of the programme, Nest will sign an agreement that provides us the opportunity to invest in your company.  The terms of this agreement will be negotiated on a case by case basis and will always be based on a mutually agreed upon price.  We will not take a fixed equity percentage upfront, instead we will work with you to determine a valuation that you are comfortable with and appropriately captures your stage of development.  Nest will only invest if at the end of the programme, we jointly feel that Nest can add significant value to your business. We understand the type of support you need and we are able to provide that support through our expansive network and our ability to market your company globally.

Will OCBC invest in my company?

OCBC will have the opportunity to invest in your company after evaluating your product and pitch at the Investor Demo Day.

Will OCBC own my IP ?

No. Upon acceptance into the programme, your IP and startup remains yours. OCBC is interested in helping you grow and develop your product. Please refer to the question below on investment and ownership for more details.

Is a participating company’s product or service guaranteed to be endorsed by OCBC?

No, there are no guarantees. It’s entirely at OCBC’s discretion as to whether a participating company’s product or service is taken on and/or endorsed.

If you have questions about the programme, please do not hesitate to contact the Nest team by email at info {at} theopenvaultatocbc.com


The Open Vault @ OCBC, 53 New Bridge Road Singapore, 059402

Email: info {at} theopenvaultatocbc.com

We are currently no longer accepting applications for The Open Vault at OCBC Fintech accelerator powered by Nest.
If you are interested in our programmes please contact us at info {at} theopenvaultatocbc.com to register interest.