STUDENTS from five polytechnic universities in Singapore will receive help from the Singapore Fintech Association (SFA) in getting a foot in the door of the fintech industry, as well as seek opportunities abroad.
According to e27, the SFA signed a Memorandum of Understanding (MoU) with the universities on Wednesday, in what seems to be a continuation of 2016’s PolyFinTech 100 initiative – an effort to help students build their fintech skills through internships.
The internships include opportunities to work with startups, financial institutions, and regulatory boards within the industry, inside and outside of Singapore. Students will also be assigned mentors, VCs and incubators by the SFA for training purposes.
Clarence Ti, Principal of Ngee Ann Polytechnics, the SkillsFuture Sector Coordinator for Accountancy and Financial Service, said: “Following the PolyFinTech 100 launch during the last quarter of 2016, we have gathered good momentum and achieved our target of securing 100 internships within two months.
“We are excited that this timely partnership with SFA will help open up more opportunities for polytechnic students to keep abreast of the FinTech sector’s evolving needs, fuel their passion for the sector and upgrade their skillsets to meet industry demands.”