The Financial Authority of Singapore (MAS) has introduced 42 finalists for the 2025 World Fintech Hackcelerator and the Singapore Fintech Pageant (SFF) Fintech Excellence Awards.
Winners will likely be revealed on the SFF Fintech Excellence Awards dinner on 13 November.
This 12 months’s World Fintech Hackcelerator, organised by MAS in partnership with the World Finance Expertise Community (GFTN), focuses on the theme “AI for Monetary Companies”.
The 18 finalists submitted AI-driven, market-ready options aimed toward addressing challenges inside the monetary companies sector and enhancing outcomes for establishments and shoppers.
The finalists will participate in a four-day programme involving mentorship and engagement with corporates, traders, and business professionals to refine their options.
They are going to current their concepts on the World Fintech Hackcelerator Demo Day throughout SFF on 12 November.
The highest three winners will every obtain S$80,000 in prize cash. Company Champions might also choose finalists for pilot initiatives, topic to mutual settlement.
A brand new characteristic this 12 months contains participation from 5 Funding Companions, representing enterprise capital companies which have dedicated roughly S$2.5 million in potential investments, topic to due diligence.
The SFF Fintech Excellence Awards, collectively organised by MAS and the Singapore Fintech Affiliation (SFA) with help from PwC Singapore, recognise corporates and people driving innovation within the monetary expertise sector.
The 2025 Awards concentrate on AI-led initiatives that promote development, inclusion, and improved monetary service supply.
A complete of 155 submissions have been acquired throughout six award classes.
For the 5 company classes, 130 submissions have been acquired, with 4 finalists shortlisted for every.
The person Fintech Mentor Award class acquired 20 submissions, with 4 finalists chosen.
The ‘Fintech Offers Again’ initiative, now in its third 12 months, noticed contributions from 9 fintech neighborhood members, Ripple, Visa, HeyMax, Aspire, Experian, Lexis Nexis, Sumsub, Syfe, and YouTrip, in help of the Awards.
Kenneth Homosexual, Chief Fintech Officer at MAS, stated,
“We’re happy to announce all of the finalists chosen right now. Your AI options show the transformative potential of expertise in monetary companies and reinforce our dedication to constructing a extra environment friendly and accessible monetary ecosystem. We’re additionally inspired by the continued enthusiasm for the ‘Fintech Offers Again’ initiative.”
Holly Fang, President of SFA, added,
“Congratulations to all of the SFF Awards finalists. These innovators replicate Singapore’s sturdy Fintech expertise pool and the collaborative spirit driving the ecosystem. The ‘Fintech Offers Again’ initiative highlights the neighborhood’s function in supporting the subsequent era of Fintech expertise.”
Featured picture credit score: SFF
