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UOB to provide seed money for 30 startups

As part of its fintech programme for 30 startups, Singaporean lender UOB will provide seed money in return for a 6% equity stake in the firms. Through its initiative, The FinLab, UOB is providing each startup S$30,000 (US$21.300) in seed money, S$400,000 in software credits and S$7,000 in complimentary office space. In total, each startup stands to receive up to…

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