Companies & Deals
Share
In the framework of the Global Startup Competition Series, EDGE196 group announced the launch of Asia Fintech and Blockchain Startup Competition 2020.
This startup competition is a prestigious virtual elevator pitch contest where top Asian founders or startups working with Asia will showcase their business ideas to the panel of investors. Objective is to identify the next generation of startups leading the transformation of the fintech and blockchain industries and to invest in them.
EDGE196 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 financial technologies are leading everyday lives in China, Singapore, HK or Japan, many Asians, in particular those of 40 million Asian workers abroad, are still struggling to remit money to their families back home. This is just the tip of the iceberg. 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.
EDGE196 has been in the forefront of startup competitions and hackathons since its inception. In 2017, at the Global Startup Competition, EDGE196 selected 21 startups as pitch finalists among 3000 applicants. Jointer won and received $1M investment from EDGE196 live on the stage.
Asia Blockchain and Fintech Startup Competition officially opens its virtual doors on October 19, 2020 for six weeks allowing the next generation of entrepreneurs to submit their investor deck online. Six winning startups will be announced on December 4, 2020 and invited to spend four weeks with the EDGE196 mentors and investors in Sugar Land, Texas. In addition, each one of the winning teams will receive between $25,000 and $200,000 in equity investment. EDGE196 will further evaluate the selected companies and invest up to $1M as a follow up round.
The applications are open from October 19 until December 4, 2020. Startups can apply directly at http://fintechasia.edge196.com/
All funds awarded are equity investments subject to due diligence and the execution of appropriate investment documentation.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
About EDGE196
EDGE196 is an investment company with a global startup ecosystem designed to provide mentorship and business support to entrepreneurs in 196 countries. EDGE196 aims to fund thousands of vetted projects in the next few years using its “3M-Model” - Money, Mentorship, and Market access. EDGE196 primarily focuses on disruptive, high-growth startups in the fintech, real estate, health/biotech, blockchain, agri/food-tech, climate/energy, social impact and edu-tech sectors. The headquarters is in Sugar Land, Texas.
Contact Abhi at outreach@edge196.com
Images:
Related Articles

Companies & Deals
Stripe’s Reported PayPal Interest: A Signal of Payments Consolidation With Stablecoins in Focus?

Companies & Deals
Riot Platforms Faces Investor Pressure to Accelerate AI Infrastructure Expansion

Companies & Deals
German Financial Innovation: Stuttgart Stock Exchange Merges with Tradias in €500M Deal
Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

Bank of England Signals Flexibility on Stablecoin Limits
News Desk
Mar 16, 2026
3 min

Binance Wins Second U.S. Court Victory in ATA Lawsuit
News Desk
Mar 16, 2026
3 min

AB Xelerate and Fuze Partner on Digital Assets in Jordan
News Desk
Mar 16, 2026
3 min

Bitcoin Tops $74K as Crypto Market Posts Big Gains
News Desk
Mar 16, 2026
4 min