Global Fintech Institute Launches FLEX and Startup Investment Credentials (SIC) to Transform the Fintech Ecosystem

SINGAPORE,Nov. 6, 2024/PRNewswire/ -- The Global Fintech Institute (GFI), with the support of the Monetary Authority ofSingapore(MAS), proudly announces the launch ofFLEX, a global digital platform, and theStartup Investment Credentials (SIC)framework. These initiatives are designed to bring transparency, trust, and innovation to the global fintech ecosystem.

FLEX is the go-to platform for driving collaboration, investment, and talent development in fintech. It is built on three pillars:

  • FLEX.Collaborate: Fostering cross-industry and cross-border partnerships between fintech companies, investors, and industry leaders.
  • FLEX.Match: Connecting fintech startups with investors and institutional lenders to accelerate growth.
  • FLEX.Talent: Supporting talent development by enhancing job prospects and offering continuous training opportunities in the fintech sector.

One of the key features,FLEX.Match, includes a database of over 1,000 global fintech companies. This open marketplace offers new opportunities for collaboration, investment, and innovation, further solidifyingSingapore'sposition as a global fintech leader. The platform will focus on financial innovation and inclusion challenges worldwide.

To support this matchmaking process, theSIC frameworkaddresses challenges in startup evaluation. Developed with contribution from leading local and international industry players like Singapore Institute of Directors, Digital Lenders Association ofIndia(DLAI), Fintech Australia, Global Impact FinTech Forum (GIFT) and more. SIC provides a standardized, data-driven method for assessing fintech startups. This framework simplifies due diligence, improves transparency, and fosters a stronger, more connected startup ecosystem.

Collaboration is essential for creating a transparent and inclusive fintech investment landscape. GFI invites all industry stakeholders—investors, fintech companies, regulators, and associations—to collaborate in shaping and advancing this framework.

Quotes:

"FLEX and SIC are major steps forward for fintech, providing the tools needed for global collaboration and standardized startup evaluation. With FLEX.Match, fintech companies and investors will have new ways to connect and innovate, positioningSingaporeas a global fintech leader,"saidProf.David Lee, Co-chairman of Global Fintech Institute.

"GFTN supports GFI in its mission to create open financial digital infrastructures like FLEX, which will drive innovation and promote ethical growth in the fintech sector. We look forward to seeing FLEX advance digital trust and attract targeted investors,"saidMr. Sopnendu Mohanty, Group CEO Designate of Global Finance and Technology Network (GFTN).

Call for collaboration

FLEX is an inclusive industry-wide platform and initiative. Organizations interested in spearheading fintech innovation are encouraged to engage with us. We welcome diverse partners, including financial institutions, investors, family offices, corporates, and startups, to participate in this transformative journey. Your involvement can take various forms, such as committing capital, featuring fintech liquidity and investment opportunities, and contributing to the build-out of the community and platform.

To download the full whitepaper, visithttps://globalfintechinstitute-9495468.hs-sites.com/startup-investment-credentials-sic-whitepaper

To understand more about FLEX, visitwww.flex.sg

About Global Fintech Institute:

Global Fintech Institute (GFI) is a not-for-profit think tank and certification body dedicated to advancing fintech education, fostering meaningful collaboration, and promoting professional excellence across regulatory bodies, corporations, and academic institutions. Headquartered inSingapore, GFI tackles key challenges in the fintech landscape through rigorous research, insightful whitepapers, and thought leadership discussions which influence policy and set industry standards.

Our Key Thrusts:

  • Professional credentialing of fintech talents
  • Accreditation of fintech education programmes globally
  • International platform for certified fintech companies, investors& talents

CisionView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/global-fintech-institute-launches-flex-and-startup-investment-credentials-sic-to-transform-the-fintech-ecosystem-302297470.html

SOURCE Global Fintech Institute