Australia and Singapore to deepen collaboration in FinTech
Australia Treasury and MAS have signed the Australia-Singapore FinTech Bridge Agreement to strengthen cooperation between the FinTech ecosystems of both countries.
FinTech and Innovation
The financial sector is an integral part of Singapore's ambition to be a smart nation. Find out how MAS is creating a Smart Financial Centre through FinTech and innovation.
MAS has announced a $125 Million support package for the financial and FinTech sectors to deal with the immediate challenges from COVID-19 and position strongly for the recovery and future growth. MAS also launched a $6 Million MAS-SFA-AMTD FinTech Solidarity Grant to help Singapore-based FinTechs sustain operations, retain staff, and offset POC costs.
- List of initiatives for FinTechs
- Download infographic ($125 Million support package, 8 April 2020)
- Download infographic (1.72 MB) ($6 Million MAS-SFA-AMTD FinTech Solidarity Grant, 13 May 2020)
Singapore’s FinTech journey is about innovation, inclusion and inspiration. Everything we do in FinTech must always have a larger purpose – to improve the lives of individuals, to build a more dynamic economy, to promote a more inclusive society.
- Ravi Menon, Managing Director, MAS
Singapore FinTech Festival 2018 (2.61 MB)
Key Facts
40+
Innovation labs
1,000+
FinTech firms
S$1B+
Record-high FinTech investment in 2019
19% Y-o-Y increase
in FinTech investments for H1 2020
Singapore Innovation Landscape
Grants for Innovation
Get funding on proof-of-concepts, hiring, business development and more.
API Exchange
World’s first open architecture platform for financial institutions to easily discover FinTechs, quickly design prototypes and rapidly deploy solutions.
SGFinDex
World's first to use a national digital identity and centrally managed online consent system for secure access to financial data from private and public sectors.
Green FinTech
Understand the various initiatives for technology solutions and projects in Green Finance.
Central Bank Digital Currency
Unlocking new possibilities for the future of money and payments via CBDC.
Singapore FinTech Festival
The world’s largest FinTech festival for the global FinTech community to connect, collaborate and co-create.
Regulatory Sandbox
Sandbox relaxes specific regulatory requirements to enable live experiments of innovation within boundaries.
Business sans Borders
A collaborative AI-driven global solutions hub to foster SME digitalisation.
E-Payments
Understand more about MAS’ payment initiatives like SGQR, FAST, PayNow and UPOS.
Singapore FinTech Ecosystem
What's New
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Global CBDC Challenge 2021 Report
The Global CBDC Challenge organised by MAS, in partnership with IMF, World Bank, ADB, UNCDF, UNHCR, UNDP and OECD, seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion. This report provides a summary of the challenge through its various phases and includes highlights of...
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Singapore FinTech Festival 2021 sees 33% year-on-year growth in attendees
The sixth edition of the Singapore FinTech Festival with the theme “Web 3.0 and its impact on financial services” concluded on 12 November 2021. The week-long event attracted 60,000 attendees, representing a 33% year-on-year growth.
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MAS and SFA Announce Award Winners at Singapore FinTech Festival
MAS and the Singapore FinTech Association announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival.
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MAS and Industry to Pilot Digital Platforms for Better Data to Support Green Finance
MAS will partner the industry to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for good data on sustainability.