Singapore: The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced 40 finalists have been shortlisted for the FinTech Awards to be presented at this year’s Singapore FinTech Festival and Singapore Week of Innovation and Technology (SFF x SWITCH). The finalists were selected by a panel of industry judges from a total of 245 submissions. Many of the submissions from the growing FinTech community came from sectors such as RegTech, wealth management and cybersecurity. Financial inclusion was also a key area of focus amongst this year’s finalists, with a significant number of submissions geared towards improving banking access for underserved individuals as well as small and medium enterprises. The finalists will pitch their innovations during SFF x SWITCH and compete for a total of S$1.2 million in prize money. The winners will be announced at SFF x SWITCH. The finalists will also be invited to a dedicated Deal Friday networking session organized by MAS and PwC Singapore for them to showcase their innovations to investors.
The FinTech Awards is being organized in partnership with PwC Singapore. One of the awards in the Global category, the Global Award, is given out by The Association of Banks in Singapore.
