The Monetary Authority of Singapore (MAS) announced that smartKYC and 59 other finalists will compete for the Global FinTech Hackcelerator and FinTech Awards at this year’s Singapore FinTech Festival. The finalists will get to showcase their innovative solutions at the Festival.
This year’s finalists were selected from 514 submissions from over 40 countries, representing a cross-section of the growing FinTech community, including in insurance, digital payments, and cybersecurity. More than half of the finalists come from the ASEAN region.
Mr. Sopnendu Mohanty, Chief FinTech Officer, MAS, said, “We have seen a good increase in the number of high-quality submissions from FinTech start-ups this year. We have also seen more innovative FinTech talent in the region coming through the new ASEAN PitchFest, making it to the final round of the FinTech Awards this year.”