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Global FinTech Institute and ICP Hub Singapore Enter Strategic Partnership to Promote FinTech and Web3 Ecosystem

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SINGAPORE, July 30, 2024 /PRNewswire/ — The Global FinTech Institute (GFI) and ICP Hub Singapore have announced a strategic partnership aimed at advancing the FinTech and Web3 sectors. The Memorandum of Understanding (MOU) signed between the two organizations outlines their commitment to fostering innovation, talent development and community engagement within the sector.

Global FinTech Institute and ICP Hub Singapore Enter Strategic Partnership to Promote FinTech and Web3 Ecosystem

GFI and ICP Hub Singapore will collaborate on various initiatives aimed at promoting sustainable growth and connectivity within the FinTech and Web3 ecosystems. These initiatives include collaboration on the upcoming FLEX digital platform, an open investment marketplace designed to connect global FinTech startups with investors around the world. Additionally, the partnership will support and promote GFI Licensed FinTech Professional (CFtP) community certification program and joint development of tailored educational content for the financial sector, to encourage knowledge sharing and the development of new skills.

Prof. David Lee Kuo Chuen, Co-Founder and Chairman of the Global FinTech Institutesaid: “We are excited to partner with ICP Hub Singapore. This collaboration will enable us to leverage each other’s strengths and resources, driving the growth and development of the FinTech and Web3 ecosystems.”

Aaron Ting, co-founder of ICP Hub Singapore, echoed this sentiment, saying, “Our partnership with GFI is a significant step forward in our mission to build a globally connected web3 ecosystem. Together, we can create significant opportunities for startups, investors, and industry professionals.”

About Global FinTech Institute: The Global Fintech Institute (GFI) is a nonprofit think tank that fosters cooperation between regulators, businesses, and academic institutions. GFI addresses challenges in the digital asset landscape through research, white papers, and discussions that inform industry policies and standards.

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Headquartered in Singapore, GFI drives innovation while ensuring consumer protection and regulatory compliance. Our initiatives, including the Chartered Fintech Professional (CFtP) program, equip professionals with essential skills for today’s dynamic fintech environment.

GFI promotes a more inclusive and efficient global financial system by supporting standards and best practices in financial technology. We empower stakeholders to innovate responsibly and integrate into the global financial ecosystem.

About ICP Hub Singapore: ICP Hub Singapore is a key player in the FinTech and Web3 sectors, dedicated to fostering innovation and connectivity within the sector. Through various programs and initiatives, ICP Hub Singapore aims to build a strong and sustainable web3 ecosystem.

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