Blockchain-based marketplace DeBuNe, bitcoin wallet Cryptosigma and blockchain equity issuer Otonomos, have been accepted to the first batch of Startupbootcamp (SBC) Fintech Singapore's accelerator program. The startups will be given funding, free office space, access to business support services and a large network of industry experts and venture capitalists.

The three digital currency startups join seven other startups in the program, which are made up of peer-to-peer wallets, money management apps, a social network for financial trading and more. All of the startups will receive three months of acceleration, 24,000 Singapore dollars (about $18,000 USD) and access to pilot customers, industry data, APIs and capital from SBC partners, such as DBS Bank, MasterCard and Route 66 Ventures.

"Since the beginning of the year, we have scoured the Asia Pacific and the globe for the most fascinating, innovative and promising fintech startups," said Startupbootcamp FinTech Global COO, Markus Gnirck. "With 300 applications it shows that fintech in Asia is on the rise to tackle local problems with the potential for global scale. We have met close to 200 startups, visited 12 financial hubs across APAC and beyond. So we feel confident that the 10 teams selected showcase the very best that financial services and technology has to offer."