InfoCorp Technologies Recognised as the Best Fintech SME in ASEAN!

InfoCorp won the Fintech Award (ASEAN SME) 2019 by the Monetary Authority of Singapore

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.

(From left to right) Mr. Roy Lai, Founder & CEO of InfoCorp Technologies with Prize Presenter Mr. Roman Regelman, Head of Digital of BNY Mellon, 2nd place winner Brankas and 3rd place winner Zigway

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.

Roy showcasing FarmTrek to Prime Minister Lee Hsien Loong at the Singapore Fintech Festival

Deputy Prime Minister Heng Swee Keat swung by on the third day and was impressed that a Singaporean company can create a solution meant for the agriculture sector

Minister for Foreign Affairs Vivian Balakrishnan came by to understand more about how FarmTrek can help farmers in other countries

Delegates waiting for their turn to see the FarmTrek demo

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

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