Singapore’s Bold Move to Globalize Fintech

Taking Fintech Beyond Borders

Singapore isn’t just keeping pace with global fintech, it’s now setting the pace. In October 2024, the Monetary Authority of Singapore (MAS) introduced the Global Finance and Technology Network, or GFTN. This is a major leap in how fintech companies scale and collaborate across the world.

The idea is simple but powerful. Instead of going it alone, startups and financial innovators can now tap into a system that connects them to global markets, resources, and the right people to grow their ideas. It’s the kind of move that could change the game for fintech founders and investors alike.

A Launchpad for Fintech Growth

The GFTN offers a lot more than just networking. It’s a fully supported platform with real-world tools and expert guidance.

Here’s what fintech innovators can expect:

1. Access to a global ecosystem
   Startups can connect with partners and regulators across Asia, Europe, and beyond.
2. Expert advice and tailored mentorship
   Through dedicated advisory services, entrepreneurs get insights on entering new markets and navigating local regulations.
3. Ready-to-use infrastructure
   The platform includes tools for testing, data exchange, and digital compliance that make scaling faster and safer.
4. Funding and partnerships
   With backing from both MAS and private investors, GFTN opens the door to strategic funding and high-impact collaboration.

Why This Matters Now

For many startups, the hardest part of growing globally isn’t innovation. It’s access. You can have a brilliant product, but without local knowledge, strong partners, or the right introductions, expansion is risky and slow.

GFTN removes that friction. It gives fintech founders a soft landing in unfamiliar markets. It also creates a trusted space where regulators and innovators can work together early, avoiding the red tape that often stalls progress.

And this isn’t just about Singapore. GFTN is designed to bring other countries into the conversation, making financial innovation safer and more connected across borders.

A Real Boost for Founders and Investors

If you’re a startup founder, GFTN can help you:

• Prepare your product for new markets
• Connect directly with global partners
• Test and refine your services with support from MAS
• Get investor-ready faster with expert feedback

For investors and institutions, the network opens doors to emerging talent and early access to high-potential startups with government-backed support.