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In 2019, the 2-day Innovation Lab Crawl, one of the key events within the week-long festival, featured more than 40 FinTech innovation labs in Singapore, many of which are set up by [[List of largest banks|global financial institutions]].<ref name=SFFSWITCHINFOPACK2019>{{Cite web|url=https://www.fintechfestival.sg/uploads/SFF%202019%20Infopack%20vA8%20(1).pdf|title=SFF SWITCH INFO PACK|accessdate=August 3, 2020|work=[[Monetary Authority of Singapore]]| date=}}</ref>
In 2019, the 2-day Innovation Lab Crawl, one of the key events within the week-long festival, featured more than 40 FinTech innovation labs in Singapore, many of which are set up by [[List of largest banks|global financial institutions]].<ref name=SFFSWITCHINFOPACK2019>{{Cite web|url=https://www.fintechfestival.sg/uploads/SFF%202019%20Infopack%20vA8%20(1).pdf|title=SFF SWITCH INFO PACK|accessdate=August 3, 2020|work=[[Monetary Authority of Singapore]]| date=}}</ref>


Singapore also recorded an all-time high FinTech investments of S$1 Billion in 2019,<ref name=accent1>{{Cite web|url=https://newsroom.accenture.com/news/singapore-fintech-fundraising-rises-sharply-in-2019-to-date-driven-by-spike-in-average-size-of-payments-and-insurtech-deals-accenture-analysis-finds.htm|title=Singapore Fintech Fundraising Rises Sharply in 2019 to Date, Driven by Spike in Average Size of Payments and Insurtech Deals, Accenture Analysis Finds|accessdate=August 3, 2020|work=[[Accenture]]| date=October 14, 2019}}</ref>
Singapore also recorded an all-time high FinTech investments of [[Singapore dollar|S$]]1 Billion in 2019,<ref name=accent1>{{Cite web|url=https://newsroom.accenture.com/news/singapore-fintech-fundraising-rises-sharply-in-2019-to-date-driven-by-spike-in-average-size-of-payments-and-insurtech-deals-accenture-analysis-finds.htm|title=Singapore Fintech Fundraising Rises Sharply in 2019 to Date, Driven by Spike in Average Size of Payments and Insurtech Deals, Accenture Analysis Finds|accessdate=August 3, 2020|work=[[Accenture]]| date=October 14, 2019}}</ref>


== References ==
== References ==

Revision as of 05:41, 3 August 2020

Singapore FinTech Festival
GenreFinTech
FrequencyAnnual
VenueSingapore Expo
Location(s)Singapore
CountrySingapore
Inaugurated2016
FoundersMonetary Authority of Singapore
Participantsfrom 140 countries (2019)
Attendance60,000 (2019)
WebsiteOfficial website

Singapore FinTech Festival(SFF) is the largest FinTech festival in the world and a global knowledge platform for the global FinTech community.[1][2][3][4][5][6][7][8][9]

SFF is a testament to Singapore’s position as a global FinTech hub.[10][11]


Background

SFF is organized annually by the Monetary Authority of Singapore in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings.[1]

Initial SFF 2016 had started with a number of features including the FinTech Awards, the Global FinTech Hackcelerator and three FinTech conferences which focused a number of topics such as API, Big Data, Blockchain, Machine Learning, RegTech and Tech Risk.[12]

There were a number of international dignitaries participated including Christine Lagarde(in her role as the Managing Director of the International Monetary Fund), Justin Trudeau, Prime Minister of Canada, Narendra Modi, Prime Minister of India, Queen Máxima of the Netherlands (in her capacity as the Secretary-General of the United Nations’s Special Advocate for Inclusive Finance Development) and Arun Jaitley, India’s Finance Minister and Minister of Corporate Affairs. Dr. Agustin Carstens, General Manager of Bank for International Settlements(BIS), Dr. Patrick Njoroge, Governor of the Central Bank of Kenya, and Lee Hsien Loong, Prime Minister of Singapore.[13][14][15]

2016

There were more than 13, 000 international participants from 60 countries in 2016.[12]

2017

There were more than 30,000 international participants from 109 countries in 2017.[13]

Christine Lagarde, Managing Director of the International Monetary Fund addressing at the Singapore FinTech Festival 2017.

Nearly 40% of the participants were C-suite, senior management level decision makers and influencers.[13]

There were 300 exhibiting companies and more than 100 startups with 8 country pavilions - France, India, Japan, Korea, Latin America, Poland, Switzerland and USA.[13]

2018

There were more than 45,000 international participants from 130 countries in 2018.[16]

Justin Trudeau, Prime Minister of Canada addressing at Singapore FinTech Festival in 2018
APIX (Application Programming Interface Exchange) a global Fintech Platform is officially launched by Narendra Modi, Prime Minister of India and Tharman Shanmugaratnam, Deputy Prime Minister of Singapore at the Singapore FinTech Festival on November 14, 2018, in the presence of (From Left) Vivek Pathak, Regional Director - East Asia and Pacific, IFC (World Bank Group), Paul CG Wee, Secretary-General of ASEAN Bankers Association (ABA) and (Far Right) Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore (MAS).

2019

There were more than 60,000 international participants from 140 countries in 2019.[17]

Lee Hsien Loong, Prime Minister of Singapore visiting SFF exhibition pavilion with Ravi Menon, Managing Director, Monetary Authority of Singapore in 2019.

SFF × SWITCH

SFF and Singapore Week of Innovation and TeCHnology (SWITCH) had the collaboration first time in 2019 with a week long events and activities focusing FinTech and deep technology.[17]

SFF 2019, which was held from 11 to 15 November 2019, drew a 60,000 participants from 140 countries comprising industry professionals, founders, investors, academics, and government agencies.[18]The event was attended by 100% of the 50 top banks in the world.[19]The Conference and Exhibition featured 569 speakers and close to 1,000 exhibiting companies from around the world, including 41 international pavilions.[18]

In 2019, the 2-day Innovation Lab Crawl, one of the key events within the week-long festival, featured more than 40 FinTech innovation labs in Singapore, many of which are set up by global financial institutions.[20]

Singapore also recorded an all-time high FinTech investments of S$1 Billion in 2019,[21]

References

  1. ^ a b "Singapore FinTech Festival". Monetary Authority of Singapore. Retrieved July 28, 2020.
  2. ^ "The underdogs of Southeast Asia's fintech scene: Early Stage". KrASIA. November 17, 2019. Retrieved July 29, 2020.
  3. ^ "Singapore FinTech Festival 2019" (PDF). Deloitte. Retrieved July 29, 2020.
  4. ^ "First combined fintech festival, SWITCH kicks off today". Business Times (Singapore). November 11, 2019. Retrieved July 29, 2020.
  5. ^ "Singapore Fintech Festival Reports Over 60,000 Participants this Year". Crowdfund Insider. November 19, 2019. Retrieved July 29, 2020.
  6. ^ "6 local startups to present at Singapore Fintech Festival". The Express Tribune. November 7, 2019. Retrieved July 29, 2020.
  7. ^ "BHIM's QR code-based payments demonstrated at Singapore FinTech Festival". Business Line. November 13, 2019. Retrieved July 29, 2020.
  8. ^ "Money FM Podcast: MAS CFO shares takeaways from Singapore Fintech Festival 2019". The Straits Times. November 18, 2019. Retrieved July 29, 2020.
  9. ^ "Singapore imagines a brave new fintech future". Asia Times. November 15, 2019. Retrieved July 29, 2020.
  10. ^ "Singapore FinTech Festival" (PDF). The Edge. November 11, 2019. Retrieved August 3, 2020.
  11. ^ "Why Singapore is a Global Fintech Hub". Singapore Tourism Board. Retrieved August 3, 2020.
  12. ^ a b "Singapore Fintech Festival 2016" (PDF). Monetary Authority of Singapore. Retrieved July 30, 2020.
  13. ^ a b c d "Singapore Fintech Festival 2017" (PDF). Monetary Authority of Singapore. Retrieved July 30, 2020.
  14. ^ "Inaugural SFF x SWITCH" (PDF). Monetary Authority of Singapore. Retrieved August 3, 2020.
  15. ^ "Singapore FinTech Festival attracted a record 45,000 participants from 130 countries". Monetary Authority of Singapore. November 19, 2018. Retrieved August 3, 2020.
  16. ^ "Singapore Fintech Festival 2018" (PDF). Monetary Authority of Singapore. Retrieved July 30, 2020.
  17. ^ a b "Singapore Fintech Festival 2019" (PDF). Monetary Authority of Singapore. Retrieved July 30, 2020.
  18. ^ a b "Inaugural SFF x SWITCH sees over 60,000 participants from 140 countries; event to return on 9-13 November 2020". Monetary Authority of Singapore. November 19, 2019. Retrieved August 3, 2020.
  19. ^ "Top 10 Global Fintech Hubs:Singapore". BizClik Media Limited. July 23, 2020. Retrieved August 3, 2020.
  20. ^ "SFF SWITCH INFO PACK" (PDF). Monetary Authority of Singapore. Retrieved August 3, 2020.
  21. ^ "Singapore Fintech Fundraising Rises Sharply in 2019 to Date, Driven by Spike in Average Size of Payments and Insurtech Deals, Accenture Analysis Finds". Accenture. October 14, 2019. Retrieved August 3, 2020.
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