The Singapore Fintech Association (SFA) on Monday launched a new grants and jobs portal. With currently over 500 job postings, it will enable job seekers to access the latest job vacancies, available grants, relevant training opportunities, and latest news within the sector.
SFA has also collaborated with organisations, including the Institute of Higher Learning, to generate content to the portal, which will also be highlighting the various schemes available under the SG United traineeship and skill programs.
Based on the latest report by Boston Consulting Group (BCG) released on 19 June, investments in Singapore-based fintech firms spiked year-on-year to SGD 650 million, an increase of 19% in the first half of 2020.
Amid the uncertainties and disruption from COVID-19, the fintech sector in Singapore has shown resilience and is poised to bounce back quickly post-pandemic as financial institutions accelerate their digital transformation journey and as more customers adopt digital solutions.
Since the onset of COVID-19 and after a survey conducted with its members in March 2020, SFA has pivoted quickly and worked closely with key stakeholders within the sector to progressively introduce a range of timely and purposeful initiatives. These initiatives come in the form of monetary and non-monetary assistance to help fintech companies retain jobs and facilitate business growth despite disruption to normal business activities.
“While fintech companies are experiencing significant challenges arising from the pandemic, it is heartening to see the fintech ecosystem standing by fintech companies in solidarity, to protect jobs and develop the sector,” said Chia Hock Lai, president of the SFA.
This article was first published by Vulcan Post.