{"id":528761,"date":"2026-04-13T16:06:48","date_gmt":"2026-04-13T16:06:48","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/528761\/"},"modified":"2026-04-13T16:06:48","modified_gmt":"2026-04-13T16:06:48","slug":"local-fintech-startup-homepay-looks-to-bring-greater-security-to-singapores-renovation-industry","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/528761\/","title":{"rendered":"Local fintech startup HomePay looks to bring greater security to Singapore&#8217;s renovation industry"},"content":{"rendered":"<p>Its mobile app reduces the risk of scams by protecting homeowners through an escrow-payment system<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE] The Republic\u2019s home renovation industry is worth billions of dollars and stories of disputes and scams are commonplace.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">One Singapore startup, however, is doing what it can to bring greater accountability and security to help and protect homeowners throughout what is usually a lengthy process.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Wenny Lim, co-founder and chief operating officer of renovation escrow platform HomePay, noted that renovation \u201cscams and nightmares\u201d have become more common over the last few years.<\/p>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.<\/p>\n","protected":false},"excerpt":{"rendered":"Its mobile app reduces the risk of scams by protecting homeowners through an escrow-payment system [SINGAPORE] The Republic\u2019s&hellip;\n","protected":false},"author":2,"featured_media":528762,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[84,4203,56,54,55],"class_list":["post-528761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/528761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=528761"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/528761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/528762"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=528761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=528761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=528761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}