At the recently concluded Singapore Fintech Festival 2019, InfoCorp Technologies was the 1st prize winner of the Fintech Award (ASEAN SME) 2019 by the Monetary Authority of Singapore.
Among a total of 245 submissions from over 30 countries, our FarmTrek solution stood out. The judges were impressed with our blockchain ecosystem solution which was designed to enable smallholder farmers to gain access to working capital financing using their cattle as collateral.
Winning this award provides further attestation that FarmTrek is the solution for improving the livelihood of millions of smallholder cattle farmers around the world.
You can read more about it on the MAS website.
InfoCorp Technologies’ booth at the event attracted a lot of attention from the delegates as well as the leaders from the highest office of Singapore. Prime Minister Lee Hsien Loong also highlighted InfoCorp Technologies in his Facebook post. Prime Minister Lee wished that more Singapore companies can emulate InfoCorp in making a difference to countries in ASEAN.
You can read more about it here.
InfoCorp Technologies was also featured in a multi-agency curated report by Consensys, the Infocomm Media Development Agency (IMDA), the Monetary Authority of Singapore (MAS) and Temasek Holdings, titled “Singapore Blockchain Ecosystem 2019”. In page 48 of the report, it wrote about how InfoCorp looks at financial inclusion differently. You can read more about the report here.
“I strongly believe that we have a great solution to solve the financial inclusion problem faced by many unbanked smallholder livestock farmers. With the strong recognition accorded to us at this high profile event, it further affirms what we are embarking on is the most innovative way to help those impoverish farmers in Asia and Africa to get out of the poverty cycle.”
“I would like to say a very big thank you to the Monetary Authority of Singapore and the Singapore Fintech Festival organiser for a very successful event, and the opportunity to showcase our unique solution to the global fintech community.”
— Roy Lai, Founder & CEO, InfoCorp Technologies