MAS and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physical event.
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.
19% Y-o-Y increase
in FinTech investments for H1 2020
Grants for Innovation
Get funding on proof-of-concepts, hiring, business development and more.
World’s first open architecture platform for financial institutions to easily discover FinTechs, quickly design prototypes and rapidly deploy solutions.
Protect your intellectual property faster through the SG Patent Fast Track Program, Patent Prosecution Highway and ASEAN Patent Examination Co-operaton.
The Global Trade Connectivity Network (GTCN) is a cross-border Distributed Ledger Technology (DLT) project to digitalise trade and trade finance.
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.
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.
Understand more about MAS’ payment initiatives like SGQR, FAST, PayNow and UPOS.
MAS has launched a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate change.
Ms Jacqueline Loh, MAS’ Deputy Managing Director, spoke about the role of green and sustainable finance, and impact investing, in supporting the pandemic response and development of a sustainable future.
MAS, SFA and AMTD announced the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant to support Singapore-based FinTech firms amid the challenging business climate caused by the COVID-19 pandemic. The Grant will help FinTech firms maintain their operations, and enable them to continue to innovate and grow.
MAS announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump.