MAS awards prizes for fintech innovation
Three fintech companies receive S$50,000 for ideas presented at inaugural fintech festival
The Monetary Authority of Singapore (MAS) has awarded three financial technology (fintech) firms S$50,000 ($35,325) each for technology solutions they presented during Singapore's first fintech festival.
The "Global FinTech Hackcelerator" saw 19 finalists present technology solutions to problems submitted by the financial industry, with FitSense, Aida Technologies and Beacon Interface winning the contest.
"We are happy that the programme provided a platform for fintech companies and start-ups
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