Singapore launches second edition of FinTech Festival

SINGAPORE (Xinhua) – The second edition of the Singapore FinTech Festival kicked off here yesterday, offering an opportunity for connection, collaboration and co-creation for the world’s FinTech community.

The highlight of the festival is the three-day FinTech Conference which will start today. More than 160 leaders from central banks and regulatory agencies, financial institutions, venture capital firms, and FinTech companies will be speaking at the conference.

The conference will focus on nine key themes, including global market insights, data analytics, tech risk, sustainable FinTech, and the future of FinTech.

A new feature of this year’s festival is the Investor Summit or “Deal Day”, which will provide an opportunity for Singapore-based financial technology start-ups to access funding from a variety of local and global investors.

Meanwhile, the highlights of last year’s festival, including the Global FinTech Hackcelerator, the FinTech Awards, visits to innovation labs, as well as community and networking events, will take place again this year.

Sopnendu Mohanty, Chief FinTech Officer of the organiser, Monetary Authority of Singapore (MAS), said this year’s Singapore FinTech Festival had grown to be the world’s largest FinTech Festival.

It is a synergistic platform for the global FinTech community to spark new ideas and gain valuable insights, and there will be many opportunities for financial institutions and FinTech companies to come together and collaborate on value-adding partnerships, he said.

“It is a key thrust of our efforts to establish Singapore as a smart financial centre and a transformational FinTech hub,” he added.