Five new financial technology startups –Finbox, Neoeyed, Paymatrix, Scalend and Tybo are new entrants into PayPal Incubator in Chennai. They have been selected by the company for its year-long incubation program, after the final round of pitching during Paypal’s 5th Incubation Challenge which concluded recently.
Initially, 10 startups were shortlisted from among 250 applicants who presented to a panel of judges including Guru Bhat, GM Technology & Head of Engineering – PayPal, Anupam Pahuja, MD -PayPal India and Rama Bethmangalkar, Venture Capitalist, formerly with Ventureast.
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