KUALA LUMPUR: Cyberview and Finnext Capital, working together in the 4th living lab accelerator programme with a focus on fintech start-ups, have shortlisted five enterprises at the tipping point of commercialising their innovations.

The five start-ups are fintech players Billplz, CurrenSeek, Otomate Me, PrimeKeeper and the Internet of Things (IoT) solutions provider Future Integrated Networks.

Start-ups in this accelerator programme will not only be the first to work out of the CoInnov8 space, but also have access to the recently established City Innovation Council.

Cyberview will provide each shortlisted start-up with the resources, facilities and other assistance valued at approximately RM50,000.

Billplz, managed by chief executive officer Nazroof Hakim, is a payment software that uses the electronic bill payment and presentment, which helps merchants get paid immediately.

“The money business in the industry is worth RM60 billion and these numbers have been growing over the last few years. In Singapore, cashless transactions increased to 9% last year,” says CurrenSeek director and co-founder Amir Haghbin.

Otomate Me is a cooperative community platform aimed at helping households with infants get baby products and gears.

PrimeKeeper provides an integrated financial platform to record financial transactions seamlessly, including purchases, sales, receipts and payment by individuals or businesses.

Cyberview is a government-owned company responsible for spearheading the development of Cyberjaya by undertaking commercial and socio-economic activities.

Finnext Capital is an innovation enabler consulting firm with a vision towards developing an innovation ecosystem by investing in people and ideas through strategic partnerships.