On 31 August 2026 the Monetary Authority of Singapore announced a S$220 million (about US$173 million) commitment over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0). It runs across six tracks including an AI Pathfinder track (market-ready AI solutions listed on PathFin.ai), an Institution Project track for frontier tech like AI and quantum, and a Manpower track backing at least 1,000 FinTech internships over three years via the new portal fintechinterns.sg.
Why this matters for founders
Singapore fintech founders can list a market-ready AI product on PathFin.ai for adoption by financial institutions, apply through the Institution Project track for frontier-tech development funding, or tap the Manpower track and internship portal to co-fund young talent. Scale-up firms should also target the new GFH Scale-up Grant tied to the MAS FinTech Awards track.
Source: TNGlobal
Related updates
More that helps you.
MAS commits S$220M FSTI 4.0 to fund fintech innovation over three years
On 31 August 2026, the Monetary Authority of Singapore committed S$220 million (about US$173 million) over three years under the renewed Financial Sector Technology and Innovation…
MAS commits S$220M to FSTI 4.0 to fund fintech innovation and AI adoption
On 31 August 2026, the Monetary Authority of Singapore committed S$220 million (about US$173 million) over three years to the renewed Financial Sector Technology and Innovation Sch…
Canada's new AI strategy pledges $2.3B, incl. $500M Canadian Tech Growth Fund
On June 4, 2026, Canada unveiled a national AI strategy with roughly $2.3 billion in spending, headlined by a new $500-million Canadian Tech Growth Fund offering growth capital, in…
BNDES and Finep pick Monashees to run new R$500M AI-startup FIP fund
On Sept 14, 2026, BNDES and Finep selected Monashees to manage a new venture fund (FIP) for AI-intensive startups that can mobilize up to R$500 million. BNDESPAR will commit up to…
Get briefs like this tuned to you.
In the app, Founder Briefs are personalized to your country, industry and stage, and you can save the ones that matter.
See plans →
Keep exploring
Related across the site
ToolGustoGusto runs full-service payroll for US businesses, handling paychecks, tax filing, and direct deposit, plus benefits, onboarding, and contractor payments. It automates federal, state, and local payroll tax compliance.TermDilutionThe reduction in your ownership percentage that happens when a company issues new shares, typically to raise money or grant options.TermESOP (Employee Stock Option Pool)A reserved block of company shares set aside to grant as stock options to employees, aligning their upside with the company's success.Case studyReginald F. LewisTLC Beatrice InternationalChecklistFind real grants and free business helpGovernments offer loans, grants, and free advisors that most founders never claim. This checklist shows where the real support is and how to apply without wasting weeks.ChecklistHire your first employee the legal wayEverything a first-time employer needs, in order: classification, registration, workers' comp, payroll, and a first week that sets your new hire up to succeed.