FQX, norbloc and WeavInsight are the winners of the International Fintech Hackcelerator 2022, organised by the Financial Authority of Singapore (MAS) and Oliver Wyman.
This yr’s programme, which focuses on Internet 3.0 and inexperienced finance, was designed primarily based on drawback statements from over 50 monetary establishments and business gamers.
The competitors comprised native and worldwide scouting programmes. This yr’s worldwide programme companions included Accelpoint, F10, Finance for Tomorrow, and Fintech Australia.
All 17 finalists obtained a S$20,000 money stipend and are eligible for a fast-tracked software for MAS’ Monetary Sector Expertise and Innovation (FSTI) Proof-of-Idea grant of as much as S$200,000.
The finalists then introduced their options through the International Fintech Hackcelerator Demo Day on the Singapore Fintech Pageant 2022, the place the highest three winners obtained S$50,000 every in prize cash.
This yr’s profitable options have been chosen by an business panel representing MAS, Oliver Wyman, ADDX, BNP Paribas, Crypto.com, HSBC, Julius Baer, MUFG, Open Area Ventures, and State Avenue.
The MAS International Fintech Hackcelerator 2022 Winners
WeavInsight (Singapore)
WeavInsight’s WeavAir leverages new modular sources of knowledge and analytics expertise to offer ESG KYC and parametric ESG intelligence platforms.
The platform combines networks of sensors, satellite tv for pc imagery and drone knowledge seize techniques to trace greenhouse gasoline emissions, and makes use of proprietary machine studying fashions to offer insights tailor-made to buyer wants.
norbloc (Sweden)
norbloc’s flagship platform, Fides, connects monetary establishments and authorities entities in an ecosystem the place KYC knowledge is validated and shared, thus mutualising the burden of KYC and eradicating knowledge silos.
The corporate has applied a blockchain-based knowledge sharing platform at scale with massive worldwide monetary establishments and governmental our bodies.
FQX (Switzerland)
FQX goals to revolutionise short-term financing for companies by offering tokenised debt infrastructure.
The platform offers on-chain settlement and guarantees cheaper issuance charges, elevated capital effectivity, regulated debt securities, and shorter processing occasions.
