The Singapore Fintech Festival 2017 just finished in the bustling Asian city state of Singapore, which lasted from the 13th – 17th of November. This was the second annual event to take place, with last year’s inaugural conference happening from the 14th-18th of November last year in 2016. The venue this year was the Singapore EXPO Halls 1 to 3, as you can imagine this was a large and exciting event. was pleased to host an exhibition stand to introduce visitors to our products. And, we were also honored to receive our SVF (Stored Value Facility) notification from MAS for BCMY Pte Ltd!

This prestigious event, which brought together a global financial community, was organized by MAS (Monetary Authority of Singapore), in partnership with abs (The Association of Banks in Singapore), and in collaboration with SingEx (The Singapore EXPO Convention and Exhibition Centre).

The event hosted stimulating demos, exciting discussions, and insightful debates regarding the FinTech industry, and was attended by startups, technology companies, investors, financial institutions, research institutes, innovation professionals, local ecosystem partners, and government agencies, as Singapore aims to be a tech and financial hub in Asia.

One of the main events was the completion of the Global FinTech Hackcelerator, which is a platform powered by KPMG Digital Village where problem statements from the financial industry are collected & matched to innovative market-ready solutions from around the world, according to OPEN GOV. In 2017, MAS published 100 problem statements under four categories (RegTech, Financial Inclusion, Customer-Facing, and General)… they received 580 submissions from over 40 countries. Out of 20 finalists who presented their solutions on Demo Day, 3 were named winners.

OPEN GOV reports on MAS’ announcement of the winner names as being:
Moxtra“Companies deploying Moxtra are able to integrate real-time interactive ‘conversation capabilities’ into their workflow to achieve enhanced productivity, together with a greater ability to reach remote customers and employees.” ~Their website
SQREEM“Helping organizations identify and understand the Unknown Unknowns through on-demand artificial intelligence and cognitive learning.” ~Their website
Trunomi“Unlock the power of customer data using consent and data rights”. ~Their website.

According to, the conference had over 1,000 attendees, and up to $2 billion of capital was made available for start-ups.

These conferences are just on time, as according to, the managing director of the MAS, Ravi Menon, highlighted the growth of digitization in Asia Pacific by saying:

“According to Bain & Company, in the past year alone, the number of online-engaged consumers has surged by 50% to 200 million people,” said menon. “And FinTech – or the application of technology to financial services – has been at the forefront of this digital renaissance.”

We were extremely honored to be part of this historic conference and spread awareness of to Singaporeans and the world.

We took pictures of our time there! Please enjoy those below.
And have a wonderful weekend.

The BCMY team.