MAS network to bolster 'global south' as fintech hub

Singapore's MAS hopes to bring Silicon Valley to 'Nairobi, Jakarta, and São Paulo' with its latest ambitious global network initiative.

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’.

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