ShuttleOne Wins the 2021 Global Fintech Awards (ASEAN Fintech)
Singapore 12 Nov 2021 — ShuttleOne is proud to be recognized as the winner of the Global Fintech Award — category ASEAN Fintech, organized by The Monetary Authority (MAS) Singapore.
ShuttleOne is proud as the only representative of decentralized finance to win the 2021 MAS Fintech Award. The award is evaluated by industry experts based on impact, practicality, interoperability and uniqueness. As the only crypto company amongst the stellar fintech companies, we are humbled that the judges panel recognizes our deployments and impacts in ASEAN.
The theme for the MAS Award this year is “Emerging from the Pandemic, the Road to Recovery”.
ShuttleOne won this recognition due to the impressive transition from a blockchain-focused company to focus on resolving real-world challenges with the innovative technology. ShuttleOne Network — the DeFi solution has served over $3,000,000 of trade financing to the global trade industry who are heavily impacted by the pandemic restrictions, while trying to keep the global supply chain from disruption.
During the pandemic where medical supplies are critical products, ShuttleOne helped businesses secure critical orders and cross-border payments withins hours, using fiat-crypto infrastructure. With 72 hours of credit and loans from ShuttleOne, SMEs are relieved from cashflow burden and increased their inventory for the rising demand of online shopping.
ShuttleOne’s decentralized finance solution, is built as a infrastructure-as-a-service, where any business can easily build their own native financial arm, plugging their existing ecosystem to global liquidity from day one.
During the pandemic, tech-driven companies such as Happy Fresh and Global eTrade Services, have implemented ShuttleOne to empower their ecosystems of delivery drivers or SMEs to earn more, and find better opportunities.
Through our partners, ShuttleOne has serviced over 4,000 merchants and 10,000 drivers across ASEAN to survive and thrive through the pandemic.
The pandemic accelerated digital transformation in every industry, where businesses needed to become more resilient, adopt changes and new technologies faster. More businesses are looking into ways to transform their businesses into digital, resilience businesses, and ShuttleOne is here to help.
Refer to their website for more information: https://www.mas.gov.sg/news/media-releases/2021/mas-and-sfa-announce-award-winners-at-singapore-fintech-festival
Connect with ShuttleOne
Website: https://shuttleone.network/2021/#/home
Twitter: https://twitter.com/shuttle_one
Telegram: https://t.me/shuttleone
Medium: https://medium.com/shuttleone
