IBM Drives Innovation with New Cloud for Financial Services | Technology and AI
the Singapore FinTech Association (SFA) announced the launch of a new SG FinTech Club, which will serve as a hub to strengthen networking between local Singapore-based fintech companies.
The APAC nation, which is a leading regional hub for fintechs, accounting for 13% of Singapore’s GDP in 2020. More than 1,400 fintech companies are based there, employing around 10,000 people.
Technology is a driving factor within the space, and the SG FinTech Club will serve as a basis through which knowledge, resources and connections can be shared, in order to increase the level of expertise in the space.
According to reports, SFA will also develop and organize the engagement programs for the fintech ecosystem. Members of the SG FinTech Club will benefit from the hosting privileges offered by the support partners, such as co-working spaces, on which they can take advantage for social engagements.
The club’s existing membership platform will also allow users to sign up for talent matchmaking sessions, industry expert mentoring programs, and SFA-hosted masterclasses.
SG Fintech Club partnerships
The initiative has caught the attention of several global fintech leaders, including the Institute of Banking and Finance (IBF). JP Morgan has also joined the club as a Support Partner and Corporate Partner, respectively, to develop skills and career development events.
Speaking of the launch of the new club, Shadab Taiyabi, President of the SFA, explained, “We are proud to collaborate with MAS on the launch of the SG FinTech Club and to play our part in contributing to Singapore’s thriving FinTech ecosystem.
“We hope that the Club will be the key platform for inspiration and innovation, where professionals in the financial services industry can come to exchange opinions, network and explore endless ideas with other like-minded people. ideas.
He continued, “Through the Club, we strive to champion and strengthen the growth of Singapore’s FinTech entrepreneurship, facilitate the sharing of ideas, collaborations, discussions and champion the importance of improvement. the skills of professionals in the financial services sector.
Image Credit: Singapore FinTech Association Event