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What is the SFA certification?
What is the SFA certification?
SFA's FinTech certification distinguishes a FinTech company from others in the industry by its legitimating its FinTech status and potential.
This certificate is recognised by the MAS and is a benchmark qualification for support from future packages and grants. Certified companies attain the privilege to use SFA’s branding to officialise their status and elevate their reputation.
The certification could also be used as a requirement for other application processes and projects.
Upon successful review and approval from the certification team, the company will receive an e-certificate from SFA.
Key Criteria for qualification
Key Criteria for qualification
The company must be registered and operating in Singapore
The company should have existing Singaporean users
The company must provide a technology solution for the financial sector as its core business
The company should have a potential to disrupt the financial services industry
The company must have a working product that has been released or an MVP ready for release
The product should enough value for people to use or buy
It should be fully tested, demonstrate enough benefits and have features to retain users
Fee Breakdown
Fee Breakdown
Inclusive of 9% GST and a Non-Refundable Admin Fee of $109
For first-time applicants:
Member price: $654
Non-Member price: $3379
To renew the current certification for another year:
Member price: $545
Non-Member price: $3270
If renewal expiry date has lapsed beyond 2 months:
Member price: $654
Non-Member price: $3379
SFA Membership
SFA Membership
The SFA membership provides you with exclusive opportunities to tap into SFA's diverse network, grants, industry insights and events, keeping you up to date with the latest trends in the FinTech ecosystem.
Our membership also grants members with discounted prices for SFA certification.
For more information on membership and how to attain it, please click here
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