The Singapore Fintech Association has launched the first country-level fintech directory in the world, aimed at supporting funding and recruitment.
The new directory, which is hosted on The Singapore Fintech Association (SFA) website, provides profile descriptions of approximately 300 fintech businesses in Singapore. Details include the company’s background, business model, and funding status.
SFA has collaborated with Let’s Talk Payments (LTP) to provide the first batch of information in the directory, using LTP’s MEDICI platform as the source.
One Stop Shop
The directory is designed to organise and provide a centralised repository of information relating to the Singapore fintech community. It is free to browse, with data maintained and updated by the fintech companies themselves.
According to Daphne Ng, CEO, JEDTrade, a locally-based fintech, the information provided will support funding activities and help attract talent. The directory will allow interested job-seekers a «one-stop shop» to gain direct insight into our business».
Regulators View
«This initiative is an important step in elevating the visibility and improving the transparency of the Singapore fintech ecosystem, said Sopnendu Mohanty, chief fintech officer of the Monetary Authority of Singapore (MAS).
«The information captured in the directory will also give MAS a deeper understanding of the FinTech ecosystem needs,» Mohanty added.
