Due to popular demand, the MAS has extended the submission deadline for the FinTech Awards 2017 by two weeks until 14 August 2017.
The FinTech Awards (comprising the MAS FinTech Awards and ABS Global FinTech Award) recognise innovative FinTech solutions that have been implemented by FinTech companies, financial institutions, and technology companies. To qualify, the projects must have been implemented before 30 June 2017.
Entries could fall under any of the following categories:
- a. MAS FinTech Awards (Singapore Founder)
- b. MAS FinTech Awards (Singapore SME)
- c.MAS FinTech Awards (Singapore Open)
Under categories (a), (b) and (c), the participant must have a physical office registered in Singapore and the solution must have been implemented/deployed in Singapore.
- d. ABS Global FinTech Award: FinTech project implemented/deployed in any part of the world.
A prize pool of up to S$1.15 million (US$848 million) is up for grabs. Up to nine recipients will each receive between S$50,000 and S$250,000 for the MAS FinTech Awards. The total quantum for the MAS FinTech Awards will be up to S$1 million. For the ABS Global FinTech Award, one recipient will receive S$150,000.
The winners of the MAS FinTech Awards and ABS Global FinTech Award will be unveiled at the FinTech Awards ceremony, which will be held on 16 November 2017.
The Awards are part of the Singapore FinTech Festival which is to be held for the second year running. The festival will be held in Singapore from 13 to 17 November 2017.