Singapore Provides S$1.15mn to Ten Fintech Firms at Fintech Festival

On November 14 to 18 Singapore held its first Fintech Festival providing S$1.15 million to ten fintech firms; supported by the Monetary Authority of Singapore and the Association of Banks in Singapore, awards were given ranging from S$250,000 to S$50,000; the top prize of S$250,000 for the MAS FinTech Awards (Singapore Open) was given to fastacash Pte Ltd; the Fintech Festival follows significant expansion in Singapore which now has the largest fintech hub in the world and numerous subsidies available to attract fintech startup companies.  Source


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