Fintech
Singapore FinTech Festival Kicks Off with Over 850 Expert Speakers and 450 FinTech Exhibitors
The seventh edition of the Singapore FinTech Festival (SFF) kicks off today as an in-person event from 31 October to 4 November. Organised by the Monetary Authority of Singapore (MAS) and Elevandi[1], the theme of SFF 2022 is ‘Building Resilient Business Models amid Volatility and Change’.
1. SFF 2022 will see more than 850 expert speakers and over 250 hours of content across its week-long programme. The Festival is expected to draw participants from more than 110 countries and 2,000 organisations. It will feature 450 exhibitors and 25 international pavilions across the exhibition hall.
2. The by-invitation only Capital Meets Policy Dialogue, to be held on 1 November, will bring together policymakers and investors to discuss the current innovations in financial services, exchange views on emerging risks, and share perspectives on FinTech regulation.
3. The Innovation Lab Crawl, to be held on 31 October and 1 November, will feature 26 participating organisations, including Asia FinTech Center, Capgemini, NEC Laboratories, BNY Mellon, DBS and HSBC. Located across Singapore, these organisations will showcase their latest FinTech innovations in areas such as alternative investments, decentralised investments, and insurance.
4. The Conference segment of the SFF, to be held from 2 to 4 November, will feature more than 400 sessions with government leaders, policymakers, innovators, economists, corporate leaders, and FinTech entrepreneurs. Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, will open the Conference on 2 November. Key speakers from abroad include:
- Ms Adrienne A. Harris, Superintendent, New York Department of Financial Services
- T.V. Mohandas Pai, Chairman, Aarin Capital and Chairman, 3one4 Capital
- Ms Sheila Bair, Former Chair, US Federal Deposit Insurance Corporation, Senior Fellow, Center for Financial Stability, and Senior Advisor and Founding Chair, Systemic Risk Council
- Bram Cohen, Director, Chairman, Chief Executive Officer and Founder, Chia Network Inc
- Brian Armstrong, Co-founder and Chief Executive Officer, Coinbase
- Ms Angel Zhao, President, International Business, Ant Group
- Ms Martha Sazon, President and Chief Executive Officer, GCash
- Mark FitzPatrick, Chief Executive Officer, Prudential plc
- Dr Stuart Haber, Principal, Stuart Haber Crypto, LLC
- John Tanagho, Executive Director, International Justice Mission Center to End Online Sexual Exploitation of Children, International Justice Mission
- Sonam Wangchuk, Founder, Himalayan Institute of Alternatives
- Kailash Satyarthi, Nobel Peace Prize Laureate, Kailash Satyarthi Children’s Foundation.
5. A highlight of the Conference segment is the inaugural Elevandi Insights Forum, which will bring together experts from entities such as the International Monetary Fund, the United Nations Economic and Social Commission for Asia and the Pacific, the Bank for International Settlements Innovation Hub, the Milken Institute, and the Institute of International Finance, for a series of deep-dive roundtable discussions on issues such as cross-border payments, open finance, Web3, and digital assets. The participants will then follow up through industry whitepapers and lighthouse projects.
6. SFF 2022 will see the return of a physical Exhibition featuring over 450 organisations, including global financial institutions, regulators and FinTechs, showcasing the latest innovations and developments in the FinTech space. The Exhibition will feature for the first time an ESG FinTech Zone, curated in partnership with MAS’ Green FinTech Office. It will host ESG FinTechs, financial institutions, and real economy players to showcase solutions that meet key ESG data and disclosure challenges faced by companies.
7. SFF 2022 will have a strong focus on skills and knowledge development. Attendees will be able to earn their Sustainability and Digital Assets & Web3 badges upon completion of a three-day Learning Journey that allows them to experience a variety of activities at SFF. Attendees can also engage in networking and mentoring opportunities as well as Lunch & Learn sessions with industry luminaries across three days of the Festival. Curated specially for attendees and students wishing to explore a career or to upskill in FinTech is the Talent Pavilion featuring career fairs, expert talks, and learning courses.
8. Sopnendu Mohanty, Chief FinTech Officer of MAS and Chairman of Elevandi Board, said, “The industry is on the cusp of moving into three areas – Web3, digital assets, and an ESG-focused economy. We have designed SFF to reflect this shift in an open, engaging and bold way, focusing on finding solutions to today’s challenges and taking definitive steps toward implementation across the financial sector. Hence, the content of SFF has shifted to the impact makers who will inspire the community to come together and drive real change.”
9. Jean-François Quentin, Group Chief Executive Officer of Constellar, said, “There is no replacement for the physical event experience in unlocking the potential of impactful partnerships. The large international profile of new and returning exhibitors reflects a hunger for the global SFF community to connect face-to-face again after two years. We are leveraging this demand at SFF by providing a robust, digitally-enabled platform for buyers, sellers and trade visitors to generate opportunities through knowledge sharing, targeted business matchmaking and expanded networking opportunities.”
10. SFF 2022 is organised by MAS and Elevandi, in partnership with Constellar and in collaboration with The Association of Banks in Singapore. Since its inception in 2016, SFF has become the premier platform for the global FinTech community to engage, connect, and collaborate on issues relating to the development of financial services, public policy, and technology.
Fintech
Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Fintech
Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
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Fintech
Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation
Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.
1. European Fintechs Face Regulatory Pressures Amid New Investment Surge
The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.
Source: Financial Times
2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push
Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.
Source: Yahoo Finance
3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East
Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.
Source: Fintech Global
4. Apollo Global Management Invests in Fintech for Private Offerings Support
Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.
Source: Bloomberg
5. Juniper Research Names 2025’s Future Leaders in Fintech
Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.
Source: Globe Newswire
Conclusion
The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.
The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.
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