APIX
World's First Cross-Border, Open-Architecture Platform to Support Financial Innovation and Inclusion
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.
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
Key Facts
40+
Innovation labs
500+
FinTech startups
S$500M
Record-high FinTech investment in 2018
US$12B
Capital for ASEAN enterprises
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.
IP Protection
Protect your intellectual property faster through the FinTech Fast Track Initiative, Patent Prosecution Highway and ASEAN Patent Examination Co-operaton.
Trade Finance
The Global Trade Connectivity Network (GTCN) is a cross-border Distributed Ledger Technology (DLT) project to digitalise trade and trade finance.
Project Ubin
An industry collaboration exploring the use of Blockchain and Distributed Ledger Technology (DLT) for Central Bank Digital Currency.
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 digitalization.
E-Payments
Understand more about MAS’ payment initiatives like SGQR, FAST, PayNow and UPOS.
Singapore FinTech Ecosystem
Sectors
What's New
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"Financial Inclusion and Innovation: Retaining the Customer" - Opening Remarks by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at BIS - World Bank Roundtable on Impact of Technology on Financial Inclusion and Financial Stability, at SFF x SWITCH 2019 on 13 November 2019
In his opening remarks at the BIS - World Bank Roundtable on Impact of Technology on Financial Inclusion and Financial Stability, held at SFF x SWITCH 2019, Mr Ravi Menon, Managing Director, MAS, spoke about the importance of innovation and digital finance in achieving sustained and meaningful financial inclusion.
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New BIS Innovation Hub Centre in Singapore to develop solutions to benefit the financial system
MAS and the Bank for International Settlements (BIS) today launched the BIS Innovation Hub Centre in Singapore. The BIS Innovation Hub will foster innovation and greater collaboration amongst the central banking community globally.
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New industry-wide research platform to support FinTech investments
MAS, Deloitte and S&P Global Market Intelligence have collaborated to develop a prototype for an industry-wide FinTech Research Platform to help investors and financial institutions connect with FinTech start-ups that they can partner with or invest in.
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MAS announces winners of the 2019 Global FinTech Hackcelerator and FinTech Awards
MAS has announced the 3 winners of the Global FinTech Hackcelerator. MAS and ABS also announced the 12 winners of the FinTech Awards.
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Business sans Borders achieves successful proof-of-concept to enhance SME access to trade opportunities
MAS and Infocomm Media Development Authority (IMDA) announced the successful completion of its Business sans Borders (BSB) Phase One Proof-of-Concept. MAS and IMDA will proceed with the Phase Two Pilot of the BSB in 1H 2020.