The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator and the SFF Global FinTech Awards, at the Singapore FinTech Festival (SFF). The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their innovative solutions that can expedite the financial industry’s transition to digitalization, innovation, and sustainability.
The theme for this year’s Global FinTech Hackcelerator was “Accelerating A Greener Digital Future”, with dual focus on Web 3.0 and Green Finance. The winners of the Global FinTech Hackcelerator were selected at Demo Day, held during SFF on 2 November 2022, where 17 finalists pitched their innovations to an international industry panel. The top three teams are: FQX (Solution Name eNotes), norbloc (Fides), WeavInsight (WeavAir).
The theme for this year’s SFF Global FinTech Awards was “Embracing Digital, Charting the New Normal.” The 36 winners across nine award categories were selected from a total of 223 submissions. The winners are: Metaverse Green Exchange, Validus, and AsiaVerify (UNSD Information Technology in Singapore FinTech category.
Sopnendu Mohanty, Chief FinTech Officer, MAS, said, “We are very encouraged by the innovative, cutting-edge solutions presented by the winners and finalists of this year’s Global FinTech Hackcelerator and FinTech Awards. The winning entries have demonstrated strong potential to tackle real-world problems, while allowing the financial sector to harness the tremendous benefits of new technologies in their journey towards a greener digital future.”
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