Schemes and Initiatives
Applicant Eligibility
- The track is only open to Singapore-based FIs onboarded as a participating organisation on PathFin.ai.
- Only solutions listed on the PathFin.ai registry are eligible for funding.
- Each applicant is limited to one application under the AI Pathfinder track.
Project Eligibility
At the Expression of Interest (EOI) stage:
- FIs should submit evidence of engagement with AI FinTechs, for example, a signed quotation and a project proposal.
- If the adoption of the AI solution(s) is expected to result in potential disruption to the existing workforce, the applicant should provide a preliminary assessment on the nature and scale of such disruption.
- Solution must be successfully deployed within a 6-month funding period
Funding Support
- 50% of expenses
- Capped at S$200,000 per project for projects involving Singapore-based AI FinTechs and S$100,000 per project for projects involving non-Singapore-based AI FinTechs.
- Qualifying expenses include consultancy, software infrastructure, and external auditor's certification.
How to Apply
Interested parties may engage MAS at fintech_office@mas.gov.sg or through PathFin.ai . EOI should be submitted ahead of the intended project start date.