MAS: New S$6 Million Grant Scheme to Support Singapore FinTech Firms
- The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator
- Announced the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant to support Singapore-based FinTech firms
- The Grant will help FinTech firms maintain their operations, and enable them to continue to innovate and grow
- The Grant complements the S$125 million support package announced by MAS on 8 April 2020 to sustain
- AMTD has provided an initial S$2 million to support the Singapore FinTech ecosystem
- MAS will provide an additional S$4 million from the Financial Sector Development Fund
