MAS commits S$220 million to fintech scheme, funds 1,000 internships
Singapore’s MAS will invest S$220 million over three years in the fourth iteration of the Financial Sector Technology and Innovation scheme to accelerate fintech innovation, frontier-tech adoption, and talent development. The plan funds six tracks, including AI adoption and infrastructure, and aims to fund at least 1,000 fintech internships to strengthen Singapore’s fintech ecosystem, according to DPM Gan Kim Yong.
Finance · 9 sources · Aug 31, 2026Read itThe journal
Open the journal →The conversation starts in the journal — be the first to post.
About Gan Kim Yong
Gan Kim Yong is a Singaporean politician who has been serving as Deputy Prime Minister of Singapore since 2024 and Minister for Trade and Industry since 2021. A member of the governing People's Action Party (PAP), he has been the Member of Parliament (MP) representing the Punggol North division of Punggol Group Representation Constituency (GRC) since 2025. He had previously represented the Zhenghua division of Holland–Bukit Panjang GRC between 2001 and 2006, Chua Chu Kang Single Member Constituency (SMC) between 2006 and 2011, and the Chua Chu Kang division of Chua Chu Kang GRC between 2011 and 2025.
Everything about Gan Kim Yong →- Occupation
- politician
- Position held
- Member of the Parliament of Singapore, Member of the Parliament of Singapore, Member of the Parliament of Singapore, Member of the Parliament of Singapore
- Citizenship
- Singapore
- Born
- December 8, 1952