Singapore Fintech Festival a Success
The Fintech Times reported that the Singapore Fintech Festival attracted 60,000 participants from over 160 countries. A number of open innovation challenges were reported. The Food Waste National Innovation Challenge was launched by the National Environment Agency to address the sustainable and automated segregation, disposal and treatment of food waste, as well as a first-of-its-kind Southeast Asia Open Innovation Challenge involving five regional corporate partners. The 2020 MAS Global Fintech Innovation Challenge announced solutions that address the challenges faced by the financial industry due to the Covid-19 pandemic and climate change. SLINGSHOT 2020 saw 16 start-ups emerging as winners, from over 7,500 applications from 159 countries, with Singapore-based start-up NextBillion.ai crowned the grand prize winner.
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