MAS-Linked GFTN Plans USD200m Fund for Growth-Stage Fintech Expansion

MAS-linked GFTN plans a USD200m fund to support growth-stage fintechs navigating the gap between late-stage venture funding and IPO markets, deputy chairman Neil Parekh said.

Global Finance & Technology Network, a nonprofit set up by Singapore’s central bank in 2024, will partner with Japan’s SBI Holdings and SBI Ven Capital to back fintechs with proven traction seeking to expand into new jurisdictions or extend product offerings.

The MAS-linked GFTN fintech fund is targeting a first close in the first half of 2026, with capital deployment over three years.

Parekh said investor interest has emerged without formal marketing since the initiative was announced at the Singapore FinTech Festival.

Fintech investment in Southeast Asia declined 21% in 2025, according to Tracxn.