The portal will enable job seekers to access the latest job vacancies, available grants, relevant training opportunities and latest news within the fintech sector.
To strengthen the fintech ecosystem and protect jobs and develop the sector, the Singapore Fintech Association (SFA) is launching a portal to help both employers and job seekers find potential talents or career opportunities.
The portal, which currently has over 500 job postings, also highlights various schemes available under the SG United Traineeship and Skills programs.
SFA said investments in Singapore-based fintech firms grew 19 percent year-on-year to S$650 million ($467 million) in the first half of 2020, citing data from Boston Consulting Group. It also said the sector has shown resilience and is poised to bounce back quickly following the pandemic as financial institutions accelerate digital transformation and more customers adopt digital solutions.
Opportunity to Transform
«Despite current challenges, fintech has an essential role in ensuring digital acceleration for stakeholders both in and beyond the financial industry,» Indranee Rajah, Minister in the Prime Minister's Office, Second Minister for Finance and Education, said.
«We should not miss this once-in-a-generation chance to transform, so that Singapore businesses can emerge stronger in the post-Covid-19 world, and remain viable for years to come,» Rajah said at the portal's virtual launch on Monday.
Business Advisory Clinic
SFA on Monday also announced the launch of Nexia InnoLab, a platform for fintech companies to engage businesses from various sectors on technological solutions.
Under a memorandum of understanding signed with audit and business advisory firm Nexia TS, SFA members will have access to business consultancy and advisory services, and accounting and business-related events, on the platform. The MOU was drawn up to strengthen the financial capabilities of fintech companies in the face of the challenging period amid the pandemic, according to an announcement.
«As more new-age fintech players emerge in the post-COVID-19 market, we see an immediate need to connect these stakeholders in a holistic digital ecosystem to deliver high-impact financial solutions to better the city-state’s economy,» Henry Tan, Nexia TS group CEO and chief innovation officer, said about the partnership.