The Monetary Authority of Singapore (MAS) has announced 18 finalists for the 2025 Global Fintech Hackcelerator.
This year’s competition focuses on the theme “AI for Financial Services”, reflecting efforts to explore how AI can address key challenges in the sector and deliver practical benefits to financial institutions and their clients.
The finalists were selected for their innovative and market-ready AI solutions aimed at improving efficiency, decision-making, and accessibility within the financial ecosystem.
They will participate in a four-day programme that includes mentorship, collaboration with industry professionals, and networking opportunities with corporates and investors to refine their proposals.
These teams will pitch their solutions at the Global Fintech Hackcelerator Demo Day, held during the Singapore FinTech Festival (SFF) on 12 November.
The top three winners will each receive S$80,000 in prize money.
Following the competition, Corporate Champions may choose to collaborate with selected finalists to pilot their solutions, subject to mutual agreement.
A new element in this year’s competition includes participation from five Investment Partners representing venture capital firms, which have collectively committed approximately S$2.5 million in potential investments for the finalists, pending due diligence.
Here Are the 18 Finalists for 2025 Global Fintech Hackcelerator
ActuaViz (Taiwan)
ActuaViz was founded by insurance and technology professionals who recognised the critical gap between traditional product data management and modern AI capabilities. The team combines deep expertise in insurance operations, regulatory compliance, and advanced data engineering to transform how the industry handles complex product information.
ActuaViz has developed proprietary technology that converts complex insurance documentation, including regulatory PDFs, pricing spreadsheets, and actuarial models, into structured, machinereadable formats.
This enables intelligent tools that instantly generate product comparison tables, provide real-time agent support through AI chatbots, and simulate pricing calculations with full transparency. By eliminating weeks of manual processing, the platform accelerates product development cycles and enhances customer understanding of insurance products.
Akro (Singapore)
Having successfully deployed secure AI solutions for defence applications, the team now applies this same rigorous approach to financial services, specialising in complex, document-heavy workflows that require both precision and confidentiality.
The platform provides an on-premise AI research system designed for agentic knowledge processing, featuring two core capabilities: intelligent knowledge synthesis and automated report generation. The solution efficiently processes large, multi-modal documents whilst maintaining complete privacy and security.
Currently deployed with frontline professionals and analysts, the platform accelerates decision-making processes by transforming complex research workflows into streamlined, intelligent operations that prioritise both speed and accuracy.
Asia Premium Financing Services (APFS) (Thailand)
The APFS team combines expertise in consumer lending, insurance operations, and fintech innovation to address the region’s low insurance penetration rates through accessible financing solutions tailored to markets with limited credit card adoption.
APFS has developed a Buy Now, Pay Later platform specifically for insurance premiums, enabling customers to pay in instalments and using the insurance policy itself as collateral. This approach transforms traditional unsecured lending into assetbacked financing, significantly reducing credit risk.
The platform integrates insurers, brokers, and customers into a seamless workflow that automates complex back-office operations including reconciliation and settlement. Since launching in September 2023, APFS has served over 60,000 customers, originated more than US$10 million in loans, and maintained a non-performing loan rate of less than 1%, demonstrating both strong market demand and operational sustainability.
Aurae Health (India)
Aurae Health brings together expertise from medical, healthcare, and technology domains to build a comprehensive employee benefits and OPD platform. The team works collaboratively to develop proprietary AI-powered health technologies that address the growing demand for accessible, tech-driven preventive healthcare solutions.
Aurae Health operates as a brand of Crossroads Health, offering an integrated employee benefits and OPD platform powered by proprietary AI-led health screening technologies. The platform operates across two key verticals: advanced digital health solutions and comprehensive employee benefits management.
The AI-powered health tools include body vitals monitoring through face and finger scans providing over 20 parameters, posture and fitness analysis, cataract detection, skin analysis, and comprehensive health and cancer risk assessment tools.
The employee benefits platform features real-time policy customisation, walletbased controls, and seamless integrations that extend beyond basic coverage to include outpatient care, preventive health services, mental health support, in-patient insurance integration, and digital patient reports with integrated risk simulators.
Boost.Money (India)
Boost.Money has developed a financial AI platform that leverages agentic AI technology to automate comprehensive financial workflows for banks, lenders, and financial institutions.
The platform connects to multiple financial data APIs and processes various financial documents including credit reports, bank statements, GST tax records, and investment portfolios in real-time to generate detailed correlated analytics and reports.
Through its multi-modal RAG pipeline, the system intelligently normalises and processes diverse financial datasets, enabling rapid application processing and affordable credit offerings for SME and retail categories. Recently launched in India, the platform automates end-to-end workflows spanning loan origination, decisioning, and collections management, empowering financial institutions to make faster, more informed lending decisions.
Centry (Nigeria)
Centry’s four-person team combines proven expertise in growth, operations, and engineering with deep African fintech insight.
The team includes leadership with experience scaling cryptoremittance applications to US$60 million GMV, operational expertise in securing partnerships and licenses, mobile and UX engineering capabilities, and backend architecture experience processing over 200,000 transactions monthly. Together, they deliver full-stack execution for borderless payment solutions.
Centry’s Copilot platform integrates live feeds from banks, M-Pesa, and cryptocurrency networks to predict cash-flow gaps and automatically orchestrate financial operations for SMEs. The system provides instant, low-fee crypto-to-naira settlements, invoice financing, and bill payments through automated processes that reduce treasury costs by 40% and improve working capital access within minutes.
By combining real-time data analysis with automated financial orchestration, the platform streamlines complex treasury operations into seamless, cost-effective workflows.
Claimsio (Poland)
The team comprises two best friends with complementary expertise in business operations and technical development. One co-founder brings experience building and selling a software agency that reached 70 employees and $5 million ARR, followed by fintech experience working with over 4,000 SMEs, providing deep insight into the challenges of unpaid invoices.
The technical cofounder has scaled over 40 production systems and specialises in building robust, reliable infrastructure. The team recently secured second place at the ElevenLabs hackathon and is now scaling their product.
The platform provides AI-native debt collection services specifically designed for SMEs, offering a full-stack system that replaces traditional collection agencies with real-time, automated workflows. Beginning with soft collection methods through multichannel communication, the solution is expanding to include automated legal filings and integrated fintech services such as factoring.
This comprehensive approach streamlines the entire debt recovery process whilst maintaining professional relationships and reducing the administrative burden on small and medium enterprises.
Fineksi (Indonesia)
The team brings over 10 years of experience in the lending industry, with backgrounds spanning banking operations across business, credit, and product departments. This hands-on experience in financial institutions provides deep understanding of the challenges faced in SME lending and credit assessment processes.
Fineksi provides a SaaS platform that streamlines SME credit processes for financial institutions whilst helping SMEs understand their financial health from a credit underwriting perspective. The platform ingests comprehensive SME financial documents and delivers AI-based financial analysis that enables faster loan processing, fraud detection, and reduced non-performing loans.
By automating document analysis and providing clear financial insights, Fineksi bridges the gap between lenders’ need for thorough risk assessment and SMEs’ requirement for accessible credit evaluation and faster approval processes.
Finny (India)
The team recognises the fundamental shift in India’s retirement landscape, where the first generation of fully self-funded retirees is emerging without traditional government pensions or family support systems. With deep understanding of India’s evolving financial needs, the team addresses the critical advisory gap facing the country’s emerging middle class.
Finny provides a tech-led wealth management platform that leverages India’s Account Aggregator framework and AI agents to deliver personalised financial independence plans at scale. Targeting mass affluents earning USD 25,000–120,000 annually, the platform offers unbiased, subscription-based advisory services without commissions.
By combining AI-driven insights with human coaching, Finny enables true personalised planning at scale, empowering India’s emerging middle class to achieve financial freedom where traditional retirement safety nets no longer exist.
Fluid (Singapore)
The leadership team combines expertise from leading fintech and technology companies, bringing together embedded lending experience from Coupang, debt financing specialisation from Lendable and IFC, and scaling and operations experience from Atome and Uber.
This diverse background spans fintech, product development, risk management, and operations to build AIpowered B2B payment solutions across Asia.
Fluid provides an AI-powered B2B payment platform with integrated credit capabilities, helping SMEs accelerate receivables and streamline bill payments.
The platform’s agentic AI automates the entire B2B payment process, from invoice syncing and credit assessment to cash flow updates, collections, and reconciliation. By removing the administrative burden of payment management, Fluid enables businesses to focus on growth rather than chasing payments, positioning itself as a first mover in redefining B2B payment workflows across Asia.
Good Lioness (Australia)
The award-winning team is led by a globally recognised investment strategist and CFA, supported by experts in data science, actuarial science, cyber and quantitative analytics, ethics, and governance. This multidisciplinary expertise enables the development of sophisticated digital wealth management solutions that combine investment strategy with robust technological infrastructure.
Good Lioness provides an AI-driven wealth platform that empowers relationship managers and clients through personalised digital advice combined with robust investment algorithms.
The platform unlocks new revenue streams from previously unadvised clients whilst reducing administrative burdens for advisers. By delivering personalised digital tools that enhance transparency, trust, and control, Good Lioness improves client outcomes and enables wealth management firms to scale their advisory services more effectively.
Ketchup AI (Singapore)
The team combines expertise in financial operations, strategic consulting, and product development. Leadership includes experience as CFO and business development head at Evercomm, over 10 years of consulting experience at McKinsey, Deloitte, and FTI specialising in go-to-market strategies for insurance, and extensive web and mobile application development experience including product management roles at Google and leading startups.
Ketchup AI provides an AI agent designed to help insurance agents maintain lead engagement and convert prospects into sales opportunities. The platform enables agents to input product information and lead details, after which Ketchup remembers critical information about each prospect, provides timely reminders to maintain momentum, and generates personalised content for improved engagement.
By automating lead management and providing strategic guidance, Ketchup AI empowers insurance agents with datadriven approaches to nurture relationships and increase conversion rates.
OPESHA Solutions (Kenya)
OPESHA Solutions comprises an experienced team with expertise in data science, behavioural analytics, and machine learning, focused on addressing SME credit access challenges across Africa.
OPESHA provides a B2B AI-powered credit analytics platform that transforms SME finance access across Africa. The platform leverages machine learning, alternative data, and behavioural analytics to enhance SME credit scoring, match businesses with appropriate financial products, and equip institutions with advanced underwriting tools.
By enabling smarter lending decisions and unlocking growth opportunities for underserved small businesses, OPESHA fosters a more inclusive and data-driven financial ecosystem throughout the continent.
Oxford Risk (United Kingdom)
Oxford Risk is a spin-out from Oxford University and the global leader in B2B2C Behavioural Finance for financial institutions, specialising in applying academic research to practical financial technology solutions.
Oxford Risk enables banks to accelerate growth by empowering their AI agents to deliver hyperpersonalisation at scale based on investors’ financial personalities, driving 2-6 times greater engagement. The platform trains AI models with insights into actual investor decision-making processes, integrating traditional transaction data with deeper behavioural layers including cognitive biases, risk tolerance variations, and decisionmaking patterns.
This enriched dataset enables AI systems to move beyond generic suggestions, delivering strategies that align with each investor’s unique cognitive profile. The solution empowers financial advisers to anticipate client needs, tailor interactions more effectively, and equip wealth management teams with predictive tools that identify investment opportunities and potential concerns, ultimately enhancing both client outcomes and business performance.
Ringkas Asia (Singapore)
The team includes former leaders from Google, Amazon, Dell, and Goldman Sachs, with expertise in fintech, AI, and cloud infrastructure. They have built and scaled $1 billion+ platforms across APAC and led regulated digital banking initiatives.
Ringkas addresses inefficiencies in insurance workflows where underwriting and claims processes remain slow and manual, creating bottlenecks and poor customer experiences. The company provides an Agentic AI Insurance Copilot built on a proven multi-agent system already deployed across 29 banks, 700+ branches, and over US$1 billion in annual volume for mortgage infrastructure.
By adapting this established system to insurance, Ringkas delivers contextual recommendations and real-time assistance for embedded sales, onboarding, client advisory, and claims processes.
Trading Valley (Taiwan)
The team has provided robo-advisor solutions for financial institutions in Taiwan since 2017, currently serving tens of thousands of retail investors and managing over US$60 million through partnership models. Since 2024, they have focused on building AI agents dedicated to stock investing.
Their solution, WinwinGPT, provides an AI copilot designed to help investors make better investment decisions across US and Taiwan stock markets. The platform leverages proprietary insights templates and an internal financial database to deliver comprehensive analysis that helps investors analyse financial reports and create investment portfolios.
Beyond individual investors, WinwinGPT offers potential applications in wealth management, enabling relationship managers to deliver more tailored insights for their clients through AIenhanced decision support.
U-Reg (Singapore)
U-Reg brings together an experienced team with over 120 years of collective technology experience and deep financial services expertise across Asia, Europe, and beyond.
U-Reg provides a global regulatory and compliance platform serving over 400 user entities across EMEA, APAC, and the Americas. The platform addresses the time-intensive Source of Wealth verification process in wealth management by deploying AI agents that reduce processing time by up to 80% from days to hours and maintaining compliance integrity.
The solution features advanced agentic architecture with AI agents that collaborate intelligently and handle multi-modal data sources simultaneously. With strong market validation including an MAS DAG Industry Pilot with 5 regulated financial institutions and first place in Catapult FundTech360 in Luxembourg, U-Reg has demonstrated proven capabilities across major financial institutions.
WealthPeak AI (Singapore)
WealthPeak was founded by Megan and Kenyon, backed by a team of data experts specialising in private company data analysis to enhance private wealth management relationships.
WealthPeak AI helps private bankers discover UHNWI opportunities through AI-powered network intelligence that analyses connections to identify warm paths to high-potential clients. The platform maps ownership structures, highlights key individuals, and aggregates insights from filings, interviews, and media to help bankers understand the people behind the wealth.
By providing personalised suggestions and contextual intelligence about private company data and relationships, WealthPeak enables bankers to build stronger, more informed client relationships.
Kenneth Gay, Chief Fintech Officer at MAS, said,
“We are pleased to announce all the finalists selected today. Your AI solutions demonstrate the transformative potential of technology in financial services and reinforce our commitment to building a more efficient and accessible financial ecosystem.”
Featured image credit: SFF
