Brisbane-based cybersecurity startup Entersoft has been selected to take part in the SuperCharger FinTech 2.0 accelerator program, kicking off in Hong Kong early next year.
Founded by Mohan Gandhi and Paul Kang in 2014, Entersoft combined offensive assessment, proactive monitoring, and managed security to help clients including Fortune 500 companies, financial services organisations, and other startups with their security.
With Entersoft having offices in Singapore and Bangalore, Gandhi said the accelerator will help the startup build its networks and customer base into the growing fintech hubs of Hong Kong, China, and Singapore.
“We are keen to use this accelerator experience to help position cyber security as an integral part of what is expected to be major growth in the fintech industry in Asia,” Gandhi said.
Entersoft’s continued growth into Asia comes as the Australian government and tech figures alike push other startups to look the same way: Sydney fintech hub Stone and Chalk launched its Fintech Asia incubation exchange program earlier this year, welcoming three Chinese startups to its space for three months, while Sydney coworking community Fishburners has also announced its expansion into Shanghai.
The Federal Government is also setting up landing pads in Shanghai and Singapore, while the NSW Government is particularly keen to push fintech links with Asia to make Sydney the fintech hub of Asia.
Entersoft will be part of a cohort of eight companies in the SuperCharger accelerator, joining Singapore robo-advisory Bambu, Zurich data insights solution Squirro, and Hong Kong startup Clare.ai, which has created a white label chatbot to help banks deliver better customer service.
Janos Barberis, founder of SuperCharger, said, “The quality of this year’s cohort is a testament to that and reflects the role our accelerator plays for the sourcing of products, solutions, and talent in the financial services industry in this region.”
Supported by industry partners Standard Chartered and Fidelity International, the accelerator’s first cohort graduated earlier this year.
Among the participants were Hong Kong’s Neat, an AI personal financial assistant, Indian company Eko, a peer-to-peer mobile payments network, and China’s Wecash, which provides credit scores and financial services to users.
Joining Entersoft in heading overseas is Sydney startup Still White, whose cofounder Bruno Szajer was selected to take part in the 17th edition of Blackbox Connect, a two week residential program looking to immerse international founders in Silicon Valley run in collaboration with Google for Entrepreneurs.
The startup, founded in 2010, helps women sell their used wedding dresses to brides-to-be. To date, over $10 million worth of dresses have been sold through the platform.
Szajer, who has joined 15 other founders from 13 countries in Silicon Valley, said, “Still White is a truly global marketplace with users from over 116 countries. We’ve seen huge growth here in Australia and are taking that success to rest of the world. Blackbox Connect is the perfect opportunity for us to learn and grow from the best minds in Silicon Valley.”
Fellow Fishburners resident Annie Slattery of ConX Jobs was chosen to take part in the Blackbox Connect program earlier this year.
Image: NSW Industry Minister Anthony Roberts, Paul Kang of Entersoft, Josephine Too of Aurion Pro. Source: Supplied.