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Financial Sector Technology and Innovation (FSTI) Scheme

The Financial Sector Technology and Innovation Scheme (FSTI 3.0) provides support for creating a vibrant ecosystem for innovation in Singapore's financial sector. MAS has committed up to S$150 million for this scheme, which runs until March 2026. The scheme includes multiple tracks: Centre of Excellence (attracting FIs, CVCs and global tech companies), Industry-wide Projects (building technological infrastructure), Innovation Acceleration, AI & Data Analytics, ESG FinTech, RegTech, and Quantum Technology. FSTI 3.0 seeks to accelerate innovation by supporting projects involving cutting-edge technologies or with regional nexus.

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Monetary Authority of Singapore

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Financial Sector Technology and Innovation Scheme (FSTI 3.0)

The Financial Sector Technology and Innovation Scheme (FSTI 3.0) is the latest iteration of MAS's flagship innovation scheme, providing enhanced support for creating a vibrant ecosystem for financial technology innovation. This version 3.0 specifically focuses on accelerating and strengthening innovation by supporting projects involving cutting-edge technologies or with regional nexus. With up to S$150 million committed until March 2026, FSTI 3.0 builds upon previous versions while doubling down on emerging technologies including quantum computing (S$60 million earmarked), artificial intelligence, ESG FinTech, and regulatory technology solutions.

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