FSTI 3.0 — ESG FinTech Grant

FSTI ESG FinTech Grant

Funds Singapore financial teams advancing ESG solutions through MAS consortium and partner support.

The FSTI ESG FinTech Grant is administered by the Monetary Authority of Singapore (MAS) under the Financial Sector Technology and Innovation (FSTI) scheme, which has been extended until 16 July 2026. The grant spurs adoption of ESG technology within Singapore's financial sector by co-funding innovative projects that address ESG data and infrastructure challenges, support mobilisation of capital to sustainable activities, and track net-zero transition commitments. Eligible project types span six recognised ESG FinTech verticals: ESG RegTech, ESG Risk and InsurTech, Carbon Services, ESG Investment Management, ESG Lending, and ESG Payments.

MAS contributes up to 50% of qualifying project expenses, capped at SGD 500,000, for a funding duration of up to 18 months. Eligible cost categories include basic manpower, professional services, hardware and software infrastructure, equipment, intellectual property rights, and external auditor costs. Applicants must be Singapore-based financial institutions (FIs), market or professional organisations, industry consortiums, or non-FI solution providers. Non-FI applicants — such as technology vendors — are eligible but must include at least one participating Singapore-based FI in their project team.

To apply, prospective applicants should contact MAS at fintech_office@mas.gov.sg at least three months before their intended project commencement date. The project must have a strong nexus to Singapore's ESG FinTech ecosystem and demonstrate a clear connection between the proposed technology and the FI ESG data or infrastructure challenge it addresses. Strong applicants will document a specific ESG FinTech vertical they serve, name the participating FI, and provide a detailed cost breakdown showing how the 50% co-funding will be deployed across eligible expense categories.