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SFA and Razer Fintech partner to support Singapore FinTech Ecosystem amidst COVID-19
Leveraging on Razer's US$50 million Covid-19 Support Fund to support business partners and help them tide over the negative impact brought about by Covid-19, SFA and Razer will assist FinTech companies in Singapore by providing assistance through 4 pillars of support.
SFA would work closely with the Razer team, to curate a list of promising fintech companies to apply for bridge financing, equity or equity-linked instruments ranging from USD$100,000 to USD$1.5 million depending on the stage of growth and requirements.
SFA would provide the initial screening and evaluation of the applicants through the Fintech Certification Program
SFA would co-organise industry events with Razer to promote the fintech scene in Singapore
SFA & Razer would discuss channels to support the Fintech to tide over this period through cash flow and marketing support programs (Details to be announced)
Application Process
Step 1: Ensure your company is FinTech Certified
- Ensure that your company has been granted the FinTech Certification by SFA. Non-certified companies are not eligible for this application
- You can apply for the FinTech Certification here
Step 2: Fill up the Application Form
- Fill out the application form here
- You will need to upload your ACRA information and your Company Pitch Deck
Step 3: Review by SFA
- SFA will review the application within 7 working days
- SFA may request for additional information where needed
Step 4: Recommendation of Successful Applicants to Razer FinTech
- Upon a successful application, SFA will notify Razer FinTech of the successful Company Application
- Your company will also be notified, and should then proceed to apply for the Support Fund directly with Razer Fintech*
*Please note that approval of Razer Covid-19 Support Funds is subject to Razers' discretion
What You Should Prepare
Company Documents
ACRA File (Dated within Last 3 Months)*
FinTech Certificate
Supporting Documents
Company Pitch Deck*
Additional Solutions/Documents which can support your application