Located within PayPal’s Singapore Technology Center, PayPal Incubator endeavours to nurture and support the creation of a new generation of technology companies. It provides an initial infrastructure, structured curriculum with access to FinTech domain experts, mentoring and guidance by business leaders, and access to a network of investors. Its incubatees include TenX - makes sending and spending money (with cryptocurrencies) free around the world. Users can make payments to 32 million merchants around the world through credit card terminals. TenX, which is powered by Bitcoin, Ethereum and other blockchain technologies, aims to bring the power of cryptocurrency mainstream.