PayPal refreshes its Singapore Innovation Lab with tech offerings

It has a facial recognition system to register guests to its in-house Augmented Reality-supported bar.

PayPal revamped its first Innovation Lab outside the US, which was established in Singapore in 2016. The lab has been equipped with a co-working space, a private meeting room, and two sitting areas that can be transformed to accommodate varying group sizes for various activities. It also now includes a bar supported by Augmented Reality (AR) technology.

Here, PayPal has worked with SMEs including Tee-Saurus, Edible Garden City and Singapore Repertory Theatre in addressing business challenges, Paypal’s head of Singapore Development Centre Jerry Tso told Singapore Business Review. It has also collaborated with startups like InvoiceInterchange, Tenx and PolicyPal by offering a co-working space, market access, curriculum with fintech experts, access to investors and guidance in developing proof of concepts (POCs). Its R&D team has also developed 12 POCs and eight patents.

It also serves as a core research centre for PayPal where it develops fintech research talents, creates IPs and collaborates with institutes of higher learning.

The firm holds various programmes for students interested in pursuing a tech career. Recently, the lab was refreshed to show the myriad ways to incorporate technological innovations in commerce.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia