Singapore's MAS earmarks additional $182m to boost fintech innovation

Singapore's MAS earmarks additional $182m to boost fintech innovation

The logo of the Monetary Authority of Singapore (MAS) is pictured at its building in Singapore in this February 21, 2013 file photo. REUTERS/Edgar Su/Files

The Monetary Authority of Singapore (MAS) is enhancing its financial technology scheme with a S$250 million ($182 million) additional commitment to boost the sector’s growth and further develop local fintech talent.