MAS announced a $125 Million support package for the financial and FinTech sectors to deal with the immediate challenges from COVID-19 and position strongly for the recovery and future growth. The measures will support our workers, enhance operational readiness and resilience, accelerate digitalisation and boost capabilities across the sectors.

The list of initiatives for FinTechs include:

• Support for Manpower Costs;
• Support for Operational Costs; and
• Support for Access to Business Opportunities

Please find a summary infographic <here> and click <here> for further details.