Singapore, 12 November 2021... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival. The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their ground-breaking solutions that promote financial inclusion and sustainable development in the financial industry.  

The theme for this year’s Global FinTech Hackcelerator is “Harnessing Technology to Power Green Finance”.  The winners of the Global FinTech Hackcelerator were selected at Demo Day, held during SFF on 8 November 2021, where 20 finalists pitched their innovations to an international industry panel.  The top three teams are (in no order of merit) 

Company Name

Solution Name


Descartes Insurance Asia Pte Ltd

Descartes’ Parametric Insurance  


RootAnt Global Pte Ltd and

Global Initiatives Communications Pte Ltd






RootAnt and Global Initiatives’ solution incorporates sustainability elements onto a digital platform to assess the sustainability preparedness of SMEs suppliers in the value chain, and empower them to raise green financing from banks.

You may read the full media release on MAS website here