MAS commits $225m to fintech growth in Singapore

MAS commits $225m to fintech growth in Singapore

The Monetary Authority of Singapore (MAS) has committed S$225 million ($166.48 million) over the next five years, to growing the fintech segment of the startup ecosystem in Singapore.

MAS’s managing director, Ravi Menon, revealed that this was a part of the Financial Sector Technology & Innovation (FSTI) scheme during a speech at the Global Technology Law Conference.

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