SBI Holdings & GFTN Establish a USD 200m Fund Investing in Global Fintech Companies
SBI Holdings has agreed to establish a joint venture fund with the Global Finance & Technology Network (GFTN), an organization established by the Monetary Authority of Singapore (MAS). This fund will invest in global growth-stage fintech companies and related fields.
GFTN is an organization that bridges innovation, regulation, and capital to accelerate growth and build strategic corridors to shape the future of digital finance and technology. It convenes the Singapore FinTech Festival in partnership with MAS to bring together global political leaders, central bank governors, innovators, investors and industry leaders. Commemorating its 10th edition, SFF 2025 will attract over 65,000 participants from 130 countries. Sopnendu Mohanty, Group CEO of GFTN, previously served as MAS’s first Chief FinTech Officer until February 2025, and continues to support MAS’ FinTech efforts as Advisor to MAS’ FinTech & Innovation Group.
This fund targets to raise up to USD 200 million to invest in global growth-stage companies in fields such as digital financial infrastructure, fintech including payments, artificial intelligence, digital assets, cybersecurity, and other emerging technologies applied to financial applications. Furthermore, with the expansion of the Singapore-based digital financial ecosystem, the SBI Group will accelerate support for the growth of innovative fintech companies through this fund, working alongside GFTN to advance fintech growth and international collaboration across Asia and globally. The fund is managed by SBI Ven Capital, a subsidiary of SBI Holding.
Norbert Gehrke
