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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 Scheme (FSTI 4.0). It funds six tracks spanning institutional projects, AI solutions, technology infrastructure, innovation centres, talent development and fintech competitions, and aims to co-fund at least 1,000 fintech internships over three years.

Why this matters for founders

Fintech founders should map their roadmap to the six FSTI 4.0 tracks (especially AI solutions and infrastructure) and engage MAS early, as co-funding and 1,000 internship stipends can offset build and hiring costs.

Source: TechApple Global (reporting on MAS release)

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