Singapore to invest S$220 million in fintech under FSTI 4.0
Singapore is putting S$220 million (about US$172.83 million) into its fintech scene over the next three years.
This move, part of the FSTI 4.0 program, aims to level up the country's finance game with more AI, better tech infrastructure, and fresh talent, making innovation a top priority.
Singapore fintech ecosystem attracts S$2.9 billion
With over 1,800 fintech companies and nearly 10,000 people already working in the field, Singapore's ecosystem is buzzing. In 2025 alone, investments hit S$2.9 billion.
MAS Chairman Gan Kim Yong says staying ahead with new tech keeps Singapore competitive, and as he puts it, "With AI and other frontier technologies emerging, we want to capture new growth opportunities."
The hope is that this boost will help Singapore (and even places like Hong Kong) grow as major fintech hubs.