The Singapore Fintech Festival has expanded from 11,000 participants in its first year in 2016 to more than 65,000 in 2025.

Exhibitor numbers rose from 70 to 600 over the same period, according to remarks by Monetary Authority of Singapore‘s Managing Director Chia Der Jiun at this year’s event.

Chia said the development of the festival mirrors the growth of Singapore’s fintech ecosystem, which now counts more than 1,800 firms across a range of domains.

He noted that this expansion sits alongside broader changes in the market, including wider digital payments adoption, cross-border QR payment links and growing use of AI across financial services.

The annual event has become a key gathering for financial institutions, fintech innovators and global technology firms.

This year’s festival marks its tenth edition, underscoring its role in charting the sector’s evolution from early experimentation under regulatory sandboxes to a more mature phase with large-scale deployment of digital finance solutions.