SINGAPORE (Oct 8): The Monetary Authority of Singapore has unveiled 60 finalists of the Global FinTech Hackcelerator and FinTech Awards. They were picked from a field of more than 500 submissions from more than 40 countries.

The finalists are startups focusing on various niche sectors of the rapidly developing fintech ecosystem. The winners will be announced next month at the third Singapore FinTech Festival, billed as the largest of its kind in the world.

Among them, there is Capital Bay from Malaysia that helps companies ease cash flow by making supply chains more efficient; PayPlus from Laos that focused on digital payments and remittances and Lucep, from Singapore, is described as a sales and marketing accelerator.

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