What We Do – Certifications – Singapore FinTech Association

Certification For Singapore FinTechs

What Is This Certification?

SFA’s FinTech Certification program distinguishes certified FinTech companies from other SFA members and players in the marketplace. Certified companies earn the privilege of using the official SFA Certified FinTech badge, a mark of credibility and trust. The certification is recognized by the Monetary Authority of Singapore (MAS) and serves as a benchmark of quality and compliance within the industry.

Who Can Qualify?

Company is registered and operating in Singapore. Company is providing a technology solution for the financial sector as their core business. This excludes companies with core business that are outside of the financial sector but implemented a wallet or payment solution to call themselves a FinTech. Company must have a working product1 that is ready for use

Why Do I Need This Certification?

This certification is recognised by the Monetary Authority of Singapore (MAS).

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Certification Fees

First Time Application

S$654

FOR MEMBERS

S$3,379

FOR NON-MEMBERS

Inclusive of 9% GST and S$109 admin fee

Re-Application

S$654

FOR MEMBERS

S$3,379

FOR NON-MEMBERS

Inclusive of 9% GST and S$109 admin fee

Renewal Cases

S$545

FOR MEMBERS

S$3,270

FOR NON-MEMBERS

Inclusive of 9% GST

* Please note that our prices will be subjected to 9% Goods and Services Tax (GST).

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NOTE: The date of the FinTech certificate application has to be after the date of your SFA Membership registration to be eligible for the complimentary fees.

What You Should Prepare

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