The Monetary Authority of Singapore MAS announced the establishment of the Global Finance and Technology Network GFTN on October 30, an ambitious initiative designed to reinforce Singapore’s standing as a global fintech leader and boost the tech potential of the global south’.
Headed by Ravi Menon, former managing director of MAS from 2011-2023, the GFTN aims to “enhance global connectivity for impactful innovation in financial services”.
Menon old a media briefing that networks such as the GFTN aimed to tap the potential of the “global south”.
Beyond Silicon Valley
He said it was important to broaden fintech innovations beyond traditional centres...
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