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? From 30 September 2026 those run under the EDGE grant, which replaced the EDG grant, PSG grant and MRA grant. Our team delivers EDGE projects 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.
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