Franklin Templeton and F10 Global Innovation Network Singapore have launched in Singapore the platform, BetterData, the first fintech in Asia that is part of their incubation programme for early-stage start-ups.

The programme focuses on supporting early-stage fintechs in the areas of blockchain, digital distribution and wealth management technology, insurtech, sustainability, data science and predictive behaviour analytics, among others.

The asset manager provides start-ups in this programme with a minimum of US$150,000 each in seed funding.

BetterData, selected from over 30 applications, is a one-stop data platform that aims to improve data-driven processes, reduce costs with near-instant data access and increase revenue streams in the financial services sector.