167 Singapore fintechs, financial institutions tap government digitalisation support

Singapore

SOME 167 fintech firms and financial institutions have signed up for digitalisation grants, two months after the government rolled out a S$125 million support package for the industry.

Close to 4,700 industry professionals are also taking advantage of training subsidies and allowances offered under the package, which cover up to 90 per cent of fees for courses accredited by the Institute of Banking and Finance (IBF).