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Page 1: Singapore Fintech Association

Membership

Page 2: Singapore Fintech Association

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Singapore FinTech Association (SFA)

The Singapore FinTech Association (SFA) is a cross-industry, non-profit organization, the purpose of which is to support the development of the FinTechindustry in Singapore. It facilitates collaboration among the participants and stakeholders of the FinTech ecosystem in Singapore.

SFA is a member-based organization with its members representing the full range of stakeholders in the FinTech industry, from early stage innovative companies to large financial players and service providers.

SFA also partners with institutions and other associations, from Singapore and globally, to cooperate on initiatives relating to the FinTech industry.

We are registered with the Registrar of Society Singapore as a non profit with the registration number T16SS0197E.

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Mission

CONNECTCOLLABORATE

CO-CREATE

Educate, inform and communicate by developing a connected FinTech ecosystem, channeling effective and relevant information

among members and externally.

A platform designed to effectively facilitate

collaboration between all market participants and

stakeholders in the FinTechecosystem.

To represent the FinTechindustry, uphold the integrity of its members, and support the building of relationships

within the wider FinTechcommunity.

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Benefits of SFA Membership SFA membership isn’t just about showing your support for the Singapore FinTech Industry. We exist to support our members, and provide a range of member-only benefits such as:

! Opportunities to influence policy through our Policy Sub-Committees, which feed directly into the Government’s FinTech Advisory Group

! Support resources relating to Legal, Tax and Regulatory compliance matters

! Special discounts and offers from our service partners that help make your FinTech Startup a success

! Heavily discounted tickets to SFA events and workshops

! Opportunities to promote relevant jobs and meetups, and other important news on SFA digital platforms and social channels

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Membership Structure & FeesThere are 2 classes of memberships:

(a) Ordinary Membership – For FinTech companies registered in Singapore

(b) Associate Membership - All others which do not qualify for Ordinary memberships.

Membership fees:

Click here to apply for membership

Gross Annual Revenue

First Year (incl S$100 entrance fee)

Annual Renewal

< S$1mil S$200 S$100S$1mil or more S$1,100 S$1,000

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Events 2016

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FinTech Appreciation @ Singapore Poly

SFA committee giving a low-down on FinTech,regulation and blockchain to students andlecturers in Singapore Poly on 2nd Nov. 2016.

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SFA Launch Party @ Lattice80

SFA was launched on 11 Nov 2016 by theMAS Chief FinTech Officer SopnenduMohanty. The party was well attended byover 300 guests at the lovely Lattice80.

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Innovation Roundtable Luncheon @ Lattice80

SFA organised an ExecutiveRoundtable Luncheon with SeniorExecutives from Splunk, a machinedata analytics provider.

Topic was on corporate innovationwhere Splunk CEO, Doug Meritt,shared his innovation journey andchallenges in innovating a S$10bmarket cap tech company.

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Blockchain Bootcamp @ Singapore Poly

SFA partnered with ACCESS to organise aBlockchain bootcamp to about 30 studentsand lecturers at Singapore Poly on 16 Dec2016. Basic concepts of FinTech, regulationand blockchain were introduced in themorning, followed by more advance conceptsof blockchain in the afternoon before wrappingup with a blockathon, whereby the participantsapplied blockchain concepts to business usecases

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MOU with 5 local Polytechnics on 1st Feb 2017

The first MOU that SFA has inked with the polytechnics– Nanyang Polytechnic, Ngee Ann Polytechnic,Republic Polytechnic, Singapore Polytechnic andTemasek Polytechnic. The MO underscores SFA’scommitment to enhance the FinTech eco-systemthrough active and continuous engagement ofpolytechnic students. MoU covers educationalworkshops, internships and Innovation Lab crawls forthe students.

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Singapore India Business Dialogue on 20th Feb 2017

SFA is one of the key supporting organisations for the Singapore India Business Dialogue held at Pan Pacific Hotel on 20th February. The event is organised by Singapore Business Federation (SBF), in collaboration with Confederation of Indian Industry (CII), International Enterprise (IE) Singapore, High Commission of India in Singapore and Singapore Indian Chamber of Commerce & Industry (SICCI).

Innovation presentations were then given by 6 outstanding Singaporean companies with feedback by panels of experts from India, including one of the SFA members, New Union.

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Blockchain bootcamp @ SP on 7th Mar 2017

In the spirit of encouraging fintech education in Singapore, Singapore Polytechnic co-organised a Blockchain Bootcamp together with the Singapore Fintech Association (SFA). Attended by over 50 students and lecturers from other schools, the bootcamp covered Blockchain 101, group activity on apply blockchain to Capital Market use cases as well as sharing by an industry blockchain startup founder.

The bootcamp was conducted by industry veteran, Mr Branson Lee (Business Development Director, Blockchain Foundry) and well-received by the students and lecturers alike. After understanding the fundamentals of Blockchain which includes a demo on the technology, it was an eye-opening experience for all to understand how it applies in a real-world startup shared by Mr Kai C.Chng (CEO, DigixGlobal).

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Poly, SFA - Visa Innovation Lab Crawl on 10th Mar 2017

This is the inaugural lab crawl as part of our partnership with the polytechnics and Visa. By visiting the labs, students will get to experience how innovative technology is being experimented and applied in a financial institution in their products and processes, hence enhancing the students’ understanding.

In this event, the students learned about the future of payments and challenges in the payments landscape.

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MOU with NTUC U Associates on 12th Mar 2017

SFA signed MOU with NTUC’s U Associate, together with seven other associations such as Association of Crypto-Currency Enterprises and Start-Ups Singapore, Institute of Parks and Recreation Singapore, Internet Society, NanyangTechnological University School of Electrical and Electronic Engineering Alumni Association, Singapore FinTech Association, Singapore Institute of Aerospace Engineers and TechSociety Group.

By joining the U Associate ecosystem, SFA will partner with the Labour Movement to help working PMEs with skills upgrading and career progression in the FinTech sector, enabling them to become future-ready.

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Participation in U Startup Day on 30th Mar 2017

U Startup, which aims to provide the start-up community with a network of talent, industry leaders and potential partners, was officially launched on 30 March 2017, by the National Trades Union Congress (NTUC).

Singapore FinTech Association (SFA) conducted a special workshop on "Blockchain for Capital Markets", on the day of the launch itself, to enable start-up founders and partners to get a better understanding of the FinTech start-up landscape.

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innovfest unbound – fintech360 on 4th May 2017

The Singapore Fintech Association and unbound co-organised the fintech360 satellite event in the innovfest unbound 2017, to bring together the fintech ecosystem, build relationships, share knowledge, and create business opportunities.

The multi-format fintech360 brought coverage across the brave new world of money, featuring deep dives into key areas of disruption and spotlights for the most exciting innovations, covering a wide spectrum of topics ranging from the rise of Asian FinTech to globalising FinTech.

All SFA members were given 2 complimentary tickets to the event worth $900.

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MOU with Copenhagen FinTech on 22nd May 2017

“It is the right time and with the right people” stated H.E. Dorte Bech Vizard, Ambassador of Denmark to Singapore and Brunei, at the signing of the first Memorandum of Understanding (MOU) between Copenhagen Fintech and the Singapore FintechAssociation. The event, held in Singapore, is to kick-start the exploratory process between the associations. This includes the potential scope of collaboration, identifying possible roadblocks and building a bridge between Singapore and Copenhagen.

Both countries are similar in size and demographics. Each enjoys a straightforward business culture combined with stable regulatory environments. With these characteristics, they may be used as a test bed for solutions and provide access to the wider markets of Europe and ASEAN respectively.

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Membership Benefits- You can be part of the working groups/committees- You shall have access to research reports released by SFA at no extra cost- You can submit recommendations for any policy document submitted by SFA

to the relevant government authorities - SFA can organize roundtables targeting your specific area of business with

your sponsorship- You can share article in SFA's website and newsletters etc- You can enjoy networking opportunities through events, committee meetings

etc- You can enjoy priority access and discounts to training workshops and events

organised by SFA or partner companies

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Strategic Partners

Partner of SFA who contribute funds supporting programs on educational workshops, cross-border collaborations and platform development.

There are two categories of such partners:

• Gold Partner – Partners who contribute $25,000 are eligible to get company logo on SFA website and featured in the relevant category of the SFA Business Directory for 5 years.

• Silver Partner – Partners who contribute $5,000 are eligible to get company logo on SFA website and featured in the relevant category of the SFA Business Directory for 1 years.

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Service Partners

Legal Partner

Co-Working Partner

PR Partner

Partner of SFA who contribute in kind or with services to help achieve its objectives. Members from these partners are able to serve in specific sub-committee or support group related to their area of expertise.

Managed hosting Partner

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SFA Founding Committee Members

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Overall Structure

Advisor Board

Executive Committee

Sub Committees

Membership

Shared Services Group

Partnership

Education

Networking Policy

Talent

Finance Legal

Marketing Technology

Women

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Governance StructureAdvisor BoardGroup of industry veterans and subject matter experts for providing guidance and mentorship to theassociation. Executive committee shall decide on nomination process and tenure of such members.

Executive CommitteeGroup elected every year by all the members during the AGM. Three mandatory post bearers – President,Secretary and Treasurer must be elected from among the 10 member elected committee.

Sub-CommitteeSpecial focus groups created by executive committee to execute specific objectives. There are five suchcommittees at the outset. Creation or dissolution of these committees shall be decided by Executivecommittee as per needs of ecosystem. Leader and member of these shall be nominated by executivecommittee and these will not be part of annual elections. Each sub-committee must have at least oneexecutive committee member as part of it.

Shared Service GroupsGroup comprising of functions required to be conducted by the Association all the year round. Thesegroups can’t be dissolved by Executive Committee. Leader and member of these shall be nominated byexecutive committee and. Leader and member of these shall be nominated by executive committee andthese will not be part of annual elections. Each group must have at least one executive committee memberas part of it and these will not be part of annual electionsSecretary shall be default Chairperson of Legal Shared Service Group.Treasurer shall be default Chairperson of Finance Shared Service Group.

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Key Sub-committeesMembership• Reviewing and approving members• Addressing any issues and concerns raised by members

Education• Organize training and learning workshops for students and working adults

Talent• Support local FinTech organizations in getting interns and employees

Networking• Organize events for local community and manage event calendar• Liaison with events happening in South East Asia and ensure visibility for SFA

Policy• Serve as bridge between startups and regulators to help develop industry friendly policies• Represent the industry constituents to various government bodies and institutions

Women• Support bringing in more women in Fintech landscape and support upcoming leaders• Develop diversity programs and engage with corporate partners to support them

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Shared Services GroupPartnerships• Assist all the sub-committees on their projects• Develop strong relationship with overseas stakeholders like industry associations

Marketing• Managing event marketing, awareness, social media, EDM etc.• Work with media outlets, event organizers to convey SFA profile and

Technology• Maintaining the portal and build any additional features if and when required• Maintain registration, CRM and EDM system to ensure normal operations

Finance• Manage accounting for all expenses, check receipts, sponsor funds• Submit annual accounts to Registrar of Societies and adhere to accounting practices

Legal• Maintain compliance with all relevant regulations and requirements from Registrar of Societies• Secretarial functions and legal requirements as per constitution

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Contact Us

Speak to us. We enjoy connecting!

For enquiries, feedback and suggestions: [email protected]

Follow us:

www.twitter.com/sg_fintech

www.facebook.com/singaporefintech

www.linkedin.com/company/singaporefintech

Click here to apply for membership