The Singapore FinTech Association (SFA) launched today a Grants and Jobs Portal.
The portal currently has over 500 job postings and will enable job seekers to access the latest job vacancies, available grants, relevant training opportunities and latest news within the FinTech sector.
SFA has also collaborated with organisations, including the Institutes of Higher Learning, to generate content to the portal.
In addition, the Grants and Jobs portal will be highlighting various schemes available under the SGUnited Traineeship and Skills programmes.
Based on the latest report by Boston Consulting Group (BCG) that’s released on 19 June, investments in Singapore-based FinTech firms spiked year-on-year to S$650 million, an increase of 19 per cent in the first half of 2020.
Amid the uncertainties and disruption from COVID-19, the FinTech sector in Singapore has shown resilience and is poised to bounce back quickly post-pandemic as financial institutions accelerate their digital transformation journey and as more customers adopt digital solutions.
Since the onset of COVID-19 and after a survey conducted with its members in March 2020, SFA has pivoted quickly and worked closely with key stakeholders within the sector to progressively introduce a range of timely and purposeful initiatives.
These initiatives come in the form of monetary and non-monetary assistance to help FinTech companies retain jobs and facilitate business growth despite disruption to normal business activities.
“COVID-19 has been nothing short of devastating to all markets and sectors. While FinTech companies are experiencing significant challenges arising from the pandemic, it is heartening to see the FinTech ecosystem standing by FinTech companies in solidarity, to protect jobs and develop the sector,” said Chia Hock Lai, President of SFA.
Patrick Tay, Assistant Secretary-General of NTUC and Executive Secretary of Banking and Financial Services Union (BFSU) called this a “timely initiative.”
“As we deal with the next normal, technology will be key to helping companies and workers adjust to the new ways of life. This new portal will help both employers and job seekers find potential talents or career opportunities, and access up-to-date information on training and grants in just a few clicks,” he added.
Featured Image Credit: Singapore FinTech Association