FinTech Awards 2019

40 finalists were selected out of 245 submissions from over 30 countries. These finalists were selected under four categories -
Singapore Founder, ASEAN SME, ASEAN Open and Global by an international panel comprising industry experts across multiple domains,
evaluating them on four criteria: (i) Impact, (ii) Practicality, (iii) Interoperability, and (iv) Uniqueness and Creativity.
These finalists were invited to a dedicated Deal Friday networking session organised by MAS and PwC Singapore for them to showcase
their innovations to investors. They also presented their innovations on 12 November 2019 at SFF x SWITCH.


Watch this space for highlights from the FinTech Awards 2019, including the FinTech Awards Ceremony and pitch sessions.


Twelve winners of the FinTech Awards were selected from 40 finalists under the four categories, walking away with S$1.2 million worth of cash prizes. Three of this year’s winning solutions were returning finalists from the FinTech Awards in 2018. The winners are:

Award Category Placing Company Name Solution Name Country Prize
Singapore Founder 1st Onchain Custodian SAFE Platform Singapore S$150,000
2nd Finaxar FXR One Singapore S$100,000
3rd Optimai Pte Ltd Optimai PRIME Singapore S$50,000
ASEAN SME 1st InfoCorp Technologies Pte Ltd FarmTrek Project in Myanmar Singapore S$150,000
2nd Brankas Brankas Open Bank Platform Singapore S$100,000
3rd ZigWay ZigWay Myanmar S$50,000
ASEAN Open 1st CredoLab Pte Ltd CredoScore Singapore S$150,000
2nd MyCash Online (SG) Pte Ltd MyCash Online Singapore S$100,000
3rd Razer Pay Holdings Pte Ltd Razer Fintech Singapore S$50,000
Global 1st* TransferWise Borderless Account United Kingdom S$150,000
2nd OakNorth OakNorth United Kingdom S$100,000
3rd VoxSmart Pte Ltd Vsmart United Kingdom S$50,000

* The first prize of the FinTech Awards (Global Category), the Global Award, is given out by the Association of Banks in Singapore (ABS).

Award Categories

Singapore Founder Award

  • Singapore-based SMEs with at least one Singaporean founder. The term ‘founder’ is defined as an individual who was instrumental in setting up the SME. There is no need for majority share-ownership
  • The SME must have a physical office registered in Singapore
  • The solution must have been implemented / deployed in Singapore


  • Open to all ASEAN-based SMEs
  • The SME must have a physical office registered in an ASEAN country
  • The solution must have been implemented / deployed in ASEAN
  • Singapore-based companies who meet the criteria are eligible

SMEs, as defined by Enterprise Singapore, are enterprises with an annual sales turnover of not more than S$100 million OR an employment size of not more than 200 workers. Enterprises qualify as SMEs as long as they satisfy at least one of the two parameters.

ASEAN Open Award

  • ASEAN-based companies of any size
  • The company must have a physical office registered in an ASEAN country
  • The solution must have been implemented / deployed in ASEAN
  • Singapore-based companies who meet the criteria are eligible

Global Award

  • FinTech project implemented in any part of the world

More information

Winners of the 2019 FinTech Awards: Read here

40 Innovative Solutions Shortlisted for 2019 FinTech Awards: Read here

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