Singapore’s Monetary Authority of Singapore is committing S$220 million, approximately US$173.1 million, over three years under FSTI 4.0, the fourth Financial Sector Technology and Innovation Scheme, to accelerate fintech innovation and technology adoption across finance. Funding will run through six tracks spanning institutional innovation, artificial intelligence adoption, shared infrastructure and platforms, and talent development, supporting firms from early-stage ventures to established companies expanding regionally and globally. Singapore’s fintech sector now includes more than 1,800 firms employing close to 10,000 professionals, and fintech investments reached S$2.9 billion in 2025. MAS aims to support at least 1,000 internships over three years to ease shortages in areas such as data science, cybersecurity and compliance, and the scheme also covers centers of excellence plus awards and grants tied to the Singapore FinTech Festival. FSTI 4.0 increases support from the up to S$150 million allocated under FSTI 3.0 through March 2026 and continues a program first launched in 2015. Deputy Prime Minister Lawrence Wong has said a stronger Singapore financial center could benefit the wider Asia-Pacific region. MAS did not name recipient companies or specific projects at launch.