Ref: FSTI 3.0 · Monetary Authority of Singapore (MAS) · reviewed 05 Jul 2026
Financial Sector Technology and Innovation Scheme (FSTI 3.0)
MAS's umbrella scheme funding innovation in the financial sector across seven tracks: Centre of Excellence, Industry-wide Infrastructure, Innovation Acceleration, AI & Data Analytics, ESG FinTech, RegTech and Quantum. Fintechs and solution providers can qualify on several tracks (e.g. Early Innovation at up to 50% of costs capped at S$400,000), but note the scheme is currently extended only until 16 July 2026.
Track-dependent: e.g. ~S$400,000 (Early Innovation), S$500,000 (ESG FinTech), S$250,000 rental cap (CoE)
Who qualifies
- ✓MAS-regulated financial institutions
- ✓Fintechs / solution providers working with MAS-regulated FIs (Innovation Acceleration track)
- ✓FIs, CVCs and global tech companies setting up Centres of Excellence in Singapore
- ✓Industry consortiums and associations building sector-wide utilities
What it pays for
- Manpower expenses for qualifying roles
- Professional services and consultancy
- Hardware/software infrastructure and licences
- Equipment and IP rights
How to apply
Scheme extended until 16 July 2026 - effectively closing to new applications imminently unless MAS renews it
- 1Email fintech_office@mas.gov.sg to discuss the proposed project
- 2Pick the right track (Innovation Acceleration is the usual fintech route)
- 3Submit the application at least 3 months before project commencement
- 4Deliver against agreed milestones for reimbursement
Advisor's note
Treat this as expiring: the official page (updated 5 Mar 2026) says FSTI is extended only until 16 Jul 2026, days away - any client pitch should either move immediately or wait to see if MAS announces FSTI 4.0. The 3-month-before-commencement rule means new applications are practically out of runway.
Planning a digitalisation or overseas-expansion project? Those usually run under EDG or MRA, which our team delivers end to end.
Common questions
How much does the FSTI 3.0 cover?
Track-dependent: typically up to 50% co-funding (manpower co-funding 50% for Singapore Citizens / 25% for non-SCs on CoE and industry-wide tracks), track-dependent: e.g. ~S$400,000 (Early Innovation), S$500,000 (ESG FinTech), S$250,000 rental cap (CoE). MAS's umbrella scheme funding innovation in the financial sector across seven tracks: Centre of Excellence, Industry-wide Infrastructure, Innovation Acceleration, AI & Data Analytics, ESG FinTech, RegTech and Quantum. Fintechs and solution providers can qualify on several tracks (e.g. Early Innovation at up to 50% of costs capped at S$400,000), but note the scheme is currently extended only until 16 July 2026.
Who is eligible for the FSTI 3.0?
MAS-regulated financial institutions Fintechs / solution providers working with MAS-regulated FIs (Innovation Acceleration track) FIs, CVCs and global tech companies setting up Centres of Excellence in Singapore Industry consortiums and associations building sector-wide utilities
What does the FSTI 3.0 pay for?
Manpower expenses for qualifying roles Professional services and consultancy Hardware/software infrastructure and licences Equipment and IP rights
How do I apply for the FSTI 3.0?
1. Email fintech_office@mas.gov.sg to discuss the proposed project 2. Pick the right track (Innovation Acceleration is the usual fintech route) 3. Submit the application at least 3 months before project commencement 4. Deliver against agreed milestones for reimbursement
How long does the FSTI 3.0 take?
Scheme extended until 16 July 2026 - effectively closing to new applications imminently unless MAS renews it
Find out what the FSTI 3.0 will co-fund for you.
15 minutes on WhatsApp. We check your eligibility, the realistic support amount, and whether a different grant fits better. No fee, no obligation.
WhatsApp us nowOften claimed together
EDGE · Enterprise Singapore
EDGE (Unified Enterprise Grant)
Announced at Budget 2026: one unified grant that consolidates EDG, PSG and MRA into a single activity-based application covering digitalisation, overseas expansion, and enterprise efficiency. Launching in the second half of 2026 and open to ALL Singapore businesses, including non-SMEs.
EDG · Enterprise Singapore
Enterprise Development Grant
The flagship SME grant. Co-funds up to 50% of qualified project costs for business upgrading, innovation, and overseas growth projects, including consultancy fees, software, equipment, and internal manpower tied to the project.
ACT Fund · Singapore Food Agency
Agri-food Cluster Transformation (ACT) Fund
SFA's fund to make local farms more productive, climate-resilient, and resource-efficient, now in its second phase (ACT Fund 2) with S$70 million committed through 31 March 2031. It co-funds farming equipment and pre-scoped solutions, large-scale high-tech production systems, and new industry partnership projects.
BIF · Singapore Tourism Board
Business Improvement Fund (BIF)
STB's grant for tourism businesses (and tech companies building tourism solutions) to fund technology adoption, business model redesign, automation, and sustainability projects. SMEs get up to 70% of qualifying costs supported, non-SMEs up to 50%, paid on reimbursement after milestones.