New grant offers up to $200,000 for promising fintech ideas in S'pore
[SINGAPORE] The Monetary Authority of Singapore (MAS) will fund up to half the cost of promising fintech "proof-of-concept" trials based in Singapore, up to a maximum of $200,000 for each project under a new grant scheme.
Deputy Prime Minister Tharman Shanmugaratnam said on Thursday at Universal Studios for the Fintech Awards that the scheme is aimed at ideas that can benefit not just an individual financial institution or start-up, but the financial system at large, in Singapore or abroad.
Read the full story here.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
BOJ will hike rates if trend inflation accelerates, says Ueda
Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC
Thai PM asks banks to lower interest rates to help economy
From airport lounge access to dining deals: How banks can attract customers with travel perks
Japan to work with counterparts on excessive FX moves, says finance minister