The fourth edition of the Singapore FinTech Festival, featuring more than 400 speakers, over 900 exhibitors, 41 international pavilions, and about 60,000 participants from 130 countries, offered a platform for companies, public agencies and regulators to announce their latest fintech initiatives.
India and Singapore deepened their economic cooperation across the board during the festival, launching an e-payment interface demo, the India Pavilion for startups from both nations and signing various Memoranda of Understanding (MoUs).
A pilot demo of the first international application of India's Bharat Interface for Money (BHIM) United Payments Interface (UPI) began in Singapore on Wednesday with High Commissioner of India to Singapore Jawed Ashraf demonstrating the first live transaction at a merchant terminal at the festival.
Key speakers at the conference included Singapore's Deputy Prime Minister and Minister for Finance Heng Swee Keat, Queen Maxima of the Netherlands, Agustin Carstens, general manager of the Bank for International Settlements and Pavan Sukhdev, president of World Wildlife Fund International.
Startups and fintech firms from across the world interacted with thousands of people at during the festival. Here are some scenes from the event:
For more stories on India-Singapore relations and fintech, click here.