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2023 Singapore FinTech Festival Global FinTech Awards (Corporate)

Corporate Awards

DAY 00
HR 00
MIN 00
SEC 00

#2023sfffintechawards #corporateawards

2023 SFF Global FinTech Awards Timeline
  • Start Registration

  • Submission Deadline

  • Round 1 of Judging

  • Round 2 of Judging

  • Announce Winners

All timings are as per (GMT +8:00) Singapore, Beijing, Perth, Hong Kong
Organized By

About Us

Singapore FinTech Awards is organised by the Monetary Authority of Singapore (MAS) and Singapore FinTech Association (SFA), which aims to champion a diverse and inclusive global FinTech community to encourage growth, drive innovation and promote a connected, sustainable ecosystem. This is a prestigious awards ceremony in Singapore that shines the spotlight on those who have made extraordinary contributions to the industry’s meteoric rise on the global stage.

Winners will be selected under 5 award categories by MAS and SFA to recognise companies whose initiatives have contributed significantly to the FinTech ecosystem.

Overview

There are 5 award categories by MAS and SFA to recognise companies whose initiatives have contributed significantly to the FinTech ecosystem.

Corporate award categories:

  • Global FinTech
  • ASEAN FinTech
  • Singapore FinTech
  • Thematic ESG Award
  • Thematic AI Award

To take note:

  • Only one submission is allowed per company for the corporate award categories. Companies are required to choose only one award they would like to apply for.
Corporate Awards

Singapore FinTech Awards is organised by the Monetary Authority of Singapore (MAS) and Singapore FinTech Association (SFA), which aims to champion a diverse and inclusive global FinTech community to encourage growth, drive innovation and promote a connected, sustainable ecosystem. This is a prestigious awards ceremony in Singapore that shines the spotlight on those who have made extraordinary contributions to the industry’s meteoric rise on the global stage.

Winners will be selected under 5 corporate award categories by MAS and SFA to recognise companies whose initiatives have contributed significantly to the FinTech ecosystem.

Corporate Award Categories:
Global FinTech
ASEAN FinTech
Singapore FinTech
Thematic - ESG
Thematic - AI

All companies can only apply for one of the above five award categories. Only one submission allowed per company.

Prize

Cash prize for winners in each category

Winners will be selected under the 5 awards categories by an international panel comprising of industry experts.

Host
Global, ASEAN & Singapore FinTech
2 winners for each category: First place prize is S$100,000 and Second place prize is S$50,000
Host
Thematic ESG & AI Awards
2 winners for each category: Prize is S$10,000 per winner

Eligibility

Eligibility Criteria:

Global FinTech (2 winners)

  • FinTech project implemented in any part of the world in the past three years (1 July 2020 to 30 June 2023).

ASEAN FinTech (2 winners)

  • ASEAN-based FinTech company i.e. a technology provider providing product/ services to the financial sector.
  • The FinTech company’s core business must be related to the finance industry.
  • The FinTech company needs not be regulated by any regulatory body.
  • The FinTech company must have a physical office registered in ASEAN.
  • The solution must have been implemented/ deployed in at least one ASEAN country in the past three years (1 July 2020 to 30 June 2023).

Singapore FinTech (2 winners)

  • Company must be a Singapore-based SME with at least one founder who is a Singapore Citizen or Singapore Permanent Resident.
  • The term 'founder' is defined as an individual who was instrumental in setting up the SME. There is no need for majority share-ownership.
  • The SME must have a physical office registered in Singapore.
  • The solution must have been implemented/ deployed in any part of the world in the past three years (1 July 2020 to 30 June 2023).

Thematic ESG Award (2 winners)

  • ESG FinTech solution deployed or implemented by corporates

Thematic AI Award (2 winners)

  • AI solution deployed or implemented by corporates

FAQ

How do I register and submit my proposal?

You have to sign up/ login using an account in APIX before you can register and submit your proposal. Registration of account in APIX is free of charge.

I faced technical issues trying to create/login to my account. What should I do?

For technical queries during registration or proposal submission process, please reach out to apixsupport@synfindo.com

Who can apply for the FinTech Awards?

We welcome all FinTech companies, Financial Institutions and Technology companies whose initiatives have contributed significantly to the FinTech ecosystem to apply for the FinTech Awards.

Do I need to specify which category I am applying for in the application form?

Yes, you must specify the award category that you would like to apply for in your application under question number 20. All companies can only apply for ONE corporate award category. Only ONE submission allowed per company.

What is the judging process for the FinTech Awards?

There will be 2 rounds of judging. The first round will select the top 30 finalists and the second round will select 2 winners from each of the 5 categories. For the Global, ASEAN & Singapore FinTech award categories, the first place winner will receive S$100,000 and the second place winner will receive S$50,000. For the Thematic award categories, each winner will receive S$10,000.

Can there be more than one entity applying with the same solution?

Yes, we recognise that some solutions are a product of cooperation within the community. We welcome applications from all organisations involved.

Can one entity submit more than one application?

Each entity/company can only submit one application. If they have multiple solutions, they have to submit their best solution.

Do I have to pay for APIX subscription to submit an application?

Submission on APIX is free of charge and will not require a paid subscription. For the subscription to be waived off, you are required to complete your full profile registration. Please contact apixsupport@synfindo.com if you are still facing this issue after completing full profile.

Evaluation process

A panel of judges will be appointed to assess entries. The judges will represent a cross section of experts from the private and public sector (e.g. venture capitalists).

Corporate Awards
Entries will be assessed on a 25-point scale on the following:

Impact (5 points): Considerations include productivity, profitability, user experience, risk management, knowledge-transfer, and applicability beyond the financial sector.

Practicality (5 points): Examples include ease of implementation, scalability, and cost- effectiveness.

Interoperability (5 points): Ability for the solution to interface with other systems.

Uniqueness & Creativity (5 points): Extent to which the solution differs from the status quo. One possible dimension could be through the approaches/technologies used to address specific problem(s). Examples include, but are not limited to APIs, big data, biometrics, blockchain, virtual reality, internet of things, machine learning, artificial intelligence, credit scoring, predictive analytics, quantum processing, risk profiling, and smart contracts.

Sustainability (5 points): Maturity of sustainability performance including companies' sustainability ambition, level of integration for sustainability activities and companies' ability to innovate to provide sustainability solutions.
 

Contact

For 2023 Singapore FinTech Festival Global FinTech Awards (Corporate) related queries, please reach out to

sg_pwc_fintech@pwc.com

For technical queries during registration or proposal submission process, please reach out to

apixsupport@synfindo.com