Up close with iPayMy

Up close with iPayMy

iPaymy for Business is a secure platform that allows SMEs to pay for salaries, invoices and corporate taxes, using their credit cards. By providing interest-free payments with no delays, a suite of online tools for payment and expenses management, as well as personalised financial customer service, iPaymy for Business creates a full-stack ecosystem to support and guide SMEs in managing their working capital. The team has recently secured a seed funding of $1M USD led by Venture Capital firms BEENEXT and Digital Garage Incubation. Today, we will understand more about…

Starting a business? Choose your investors carefully

Starting a business? Choose your investors carefully

Funding for start-up companies is essential and not always easy to source.   Unless you already have a substantial nest egg or are independently wealthy, it’s almost impossible to start a new business venture without bringing in outside investors. This can be an extremely difficult process, involving some enquiry and investigation about those you think might be interested in investing in your enterprise.   The right choice When you’re starting out with no seed money, it’s tempting to accept the first investment offer that comes your way. Entrepreneurs enthusiasm often…

3 Government Funding for Every Beginner Singapore SME

3 Government Funding for Every Beginner Singapore SME

Over the course of years running my own business, I have learned to tap on the myriad of government funding and grants that are available.   It started way back in 2008 when we tap on LETAS (otherwise known as the Local Enterprise Technical Assistance Scheme). The purpose of this grant is to offset the cost of engaging external consultants to implement quality management and IT systems. For us, this included ISO certification and upgrading of computer systems. Up to 50% of the expenses of hiring the consultant can be…