The Singapore FinTech Association (SFA) launched a Grants and Jobs Portal today.
The portal currently has more than 500 job advertisements and gives job seekers access to the latest job offers, available grants, relevant training opportunities and the latest news in the FinTech sector.
SFA has also worked with organizations, including universities, to generate content for the portal.
In addition, various programs that are available as part of the SGUnited Traineeship and Skills programs are presented on the grants and jobs portal.
Based on the latest Boston Consulting Group (BCG) report published on June 19, investments in FinTech companies based in Singapore rose to S $ 650 million year over year, an increase of 19 percent in the first Half of 2020.
Amid the uncertainty and disruption caused by COVID-19, the Singapore FinTech sector has shown resilience and is ready to recover quickly after the pandemic as financial institutions accelerate their journey to digital transformation and more and more customers are adopting digital solutions.
SFA launches scholarship and employment portal, witnessed by Minister Indranee Rajah / Photo credit: SFA
Since the beginning of COVID-19 and following a poll among its members in March 2020, SFA has developed rapidly and worked closely with the sector's key stakeholders to gradually introduce a number of timely and targeted initiatives.
These initiatives are implemented in the form of monetary and non-monetary support to help FinTech companies retain jobs and promote business growth despite disrupting normal business operations.
“COVID-19 was devastating for all markets and sectors. While FinTech companies face major challenges due to the pandemic, it is encouraging to see the FinTech ecosystem show solidarity with FinTech companies to protect jobs and develop the sector, ”said Chia Hock Lai, President of SFA.
Patrick Tay, deputy general secretary of the NTUC and executive secretary of the Banking and Financial Services Union (BFSU), called this a "timely initiative".
“As we move on to the next normal, technology will be the key to helping businesses and workers adapt to new lifestyles. This new portal will help both employers and job seekers find potential talent or career opportunities and access the latest information on training and scholarships in just a few clicks, ”he added.
Selected image source: Singapore FinTech Association