# Singapore earmarks S$220 million for fintech innovation

_Monday, August 31, 2026 at 4:30 AM EDT · Capital · Latest · Tier 2 — Notable_

Singapore has earmarked S$220 million ($173 million) over three years for financial technology and innovation funding. The planned outlay is intended to help the city-state remain competitive with rival financial hubs, including Hong Kong, that are also investing in the sector.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-08-31/singapore-plans-173-million-in-fintech-funding-over-three-years)

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Retrieved: 2026-08-31T11:39:12.931Z
Publisher: Tech & Business (techandbusiness.org)