Singapore MAS Opens Applications for 2026 Global FinTech Hackcelerator (3 Winners of $61,800 (S$80,000) Prize Money Each) & FinTech Excellence Awards with Deadline Submission in 2026 August 14/8/26) – 1) Global FinTech Hackcelerator for FinTech Firms & Solution Providers to Submit Proposals on Use of AI for A) Integrating Credit & Fraud Risk Modelling In Digital Banking, B) Wealth Management for Digitally Native Generation & C) Empower SMEs to Better Manage Business Risk Exposure and 2) FinTech Excellence Awards to Recognise Innovative FinTech Solutions by Corporates & Individuals
29th June 2026 | Hong Kong
The Monetary Authority of Singapore (MAS) has announced the opening of applications for 2026 Global FinTech Hackcelerator (3 winners of $61,800 (S$80,000) prize money each) & FinTech Excellence Awards (8 winners) with deadline submission in 2026 August (14/8/26) – 1) Global FinTech Hackcelerator for FinTech firms & solution providers to submit proposals on use of AI for A) Integrating credit & fraud risk modelling in digital banking, B) Wealth management for digitally native generation & C) Empower SMEs to better manage business risk exposure and 2) FinTech Excellence Awards to recognise innovative fintech solutions by corporates & individuals. Announcement (29/6/26): “The Monetary Authority of Singapore (MAS) today announced a call for applications and nominations for the 2026 Global FinTech Hackcelerator and the Singapore FinTech Festival (SFF) FinTech Excellence Awards (Awards). The winners will be announced at the SFF FinTech Excellence Awards Dinner on 19 November 2026.” More info below:
“ Singapore MAS Opens Applications for 2026 Global FinTech Hackcelerator (3 Winners of $61,800 (S$80,000) Prize Money Each) & FinTech Excellence Awards with Deadline Submission in 2026 August 14/8/26) – 1) Global FinTech Hackcelerator for FinTech Firms & Solution Providers to Submit Proposals on Use of AI for A) Integrating Credit & Fraud Risk Modelling In Digital Banking, B) Wealth Management for Digitally Native Generation & C) Empower SMEs to Better Manage Business Risk Exposure and 2) FinTech Excellence Awards to Recognise Innovative FinTech Solutions by Corporates & Individuals “
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Singapore MAS Announcement –
Global FinTech Hackcelerator 2026
This year’s Global FinTech Hackcelerator, organised by MAS in partnership with the Global Financial Technology Network (GFTN)[1], invites FinTech firms and solution providers to submit proposals on how AI can be harnessed to address the following challenges: (i) integrating credit and fraud risk modelling in digital banking, (ii) reimagining of wealth management for a digitally native generation, and (iii) empowering SMEs to better assess, quantify and proactively manage their business risk exposure.
The Global FinTech Hackcelerator 2026 is supported by three Corporate Champions[2], each of whom has contributed problem statements drawn from live priorities within their respective businesses. GXS brings its expertise in digital consumer banking and financial inclusion through the secure and ethical use of technology and data. Julius Baer contributes its perspective on serving the next generation of high-net-worth clients, while Zurich Insurance brings its expertise in helping businesses build resilience and manage risks.
Up to 20 finalists will be selected to pitch their solutions at the Global FinTech Hackcelerator Demo Day at the SFF on 18 November 2026. The winner for each problem statement will each receive S$80,000 in prize money. Following the competition, each Corporate Champion may select one finalist to conduct a pilot with, subject to mutual interest and agreement.
Interested parties are invited to submit their applications via the application portal by 14 August 2026.
SFF FinTech Excellence Awards 2026
The Awards, jointly organised with the Singapore FinTech Association (SFA) and supported by PwC Singapore, seek to recognise innovative FinTech solutions by corporates[3] and individuals that have been instrumental in transforming FinTech industry practices and spearheading the use of novel technologies in creating new growth opportunities, promoting financial inclusion and enhancing the delivery of financial services.
Eight Award winners[4] will be announced at SFF 2026[5]. The Awards will highlight solutions that have demonstrated significant impact and achievements, with this year’s thematic category spotlighting innovative applications in artificial intelligence:
| Awardee | Category |
| Corporates | Emerging FinTech Award |
| Financial Inclusivity Award | |
| Regulatory Leader Award | |
| Sustainable Innovator Award | |
| Thematic – Artificial Intelligence Champion | |
| Individuals
(Three award winners will be selected from this category) |
FinTech Mentor Award |
Applications for the 2026 SFF FinTech Excellence Awards must be submitted here by 14 August 2026.
‘FinTech Gives Back’ Initiative
First launched in 2023, the ‘FinTech Gives Back’ initiative continues to nurture the next generation of FinTechs and reward innovation by encouraging established players in the sector to invest in the future of financial technology. In 2025, nine members of the FinTech community — Ripple, Visa, HeyMax, Aspire, Experian, LexisNexis, Sumsub, Syfe, and YouTrip — contributed generously to the Awards, demonstrating their commitment to supporting emerging innovations and giving back to the ecosystem. To find out more or to participate, please contact SFA at [email protected].
Please refer to Annex A for more information on the Global FinTech Hackcelerator and Annex B for more details on the SFF FinTech Excellence Awards.
***
- [1] GFTN is a not-for-profit entity set up by MAS to connect people and businesses, ideas and insights in the FinTech sector in Singapore and globally.
- [2] GXS, a digital bank in Singapore; Julius Baer, a global wealth manager; and Zurich Insurance, an insurance firm.
- [3] FinTech companies, financial institutions and technology companies.
- [4] One winner will be selected from each of the five corporate categories, and three winners will be selected from the individual category.
- [5] SFF 2026 will be held from 18 to 20 November.
Singapore MAS Opens Applications for 2026 Global FinTech Hackcelerator (3 Winners of $61,800 (S$80,000) Prize Money Each) & FinTech Excellence Awards with Deadline Submission in 2026 August 14/8/26) – 1) Global FinTech Hackcelerator for FinTech Firms & Solution Providers to Submit Proposals on Use of AI for A) Integrating Credit & Fraud Risk Modelling In Digital Banking, B) Wealth Management for Digitally Native Generation & C) Empower SMEs to Better Manage Business Risk Exposure and 2) FinTech Excellence Awards to Recognise Innovative FinTech Solutions by Corporates & Individuals
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