AMTD has provided an initial $2 million to support FinTech businesses, while MAS will provide an additional $4 million from the Financial Sector Development Fund.
SINGAPORE (May 13): The Monetary Authority of Singapore (MAS) along with Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively known as AMTD) launched a $6 million MAS-SFA-AMTD FinTech Solidarity Grant to help Singapore-based FinTech firms tide through the challenging business climate amid the Covid-19 pandemic.
The grant aims to help fintech firms maintain their regular business operations and to continue to innovate and grow.
