From November 2-4, the 7th Singapore FinTech Festival 2022 was successfully held. Organized by the Monetary Authority of Singapore in partnership with the non-profit organization Elevandi, this grand event returned to an in-person format this year. Under the theme of “building resilient business models amid volatility and change,” it attracted more than 60,000 participants, including government officials, regulatory representatives, entrepreneurs, and leaders from the financial services and technology industries from around the world.

The opening address on the first day was delivered by Singapore's Deputy Prime Minister and Minister for Finance, Lawrence Wong. Among the more than twenty subsequent speeches, in addition to discussions on the traditional FinTech industry, there was greater coverage of topics such as cryptocurrency development, blockchain, Web 3.0, and Environmental, Social, and Governance (ESG). Speakers during the event included Ravi Menon, Managing Director of the Monetary Authority of Singapore; Sopnendu Mohanty, Chairman of the Board of Elevandi and Chief FinTech Officer of the Monetary Authority of Singapore; and Jean-Fran_ois Quentin, CEO of Constellar.

We were honored to participate in this world-class financial event, engaging with attendees and industry professionals from around the globe. During the festival, we presented KVB's FinTech ecosystem to attendees on-site, including cutting-edge FinTech products such as currency exchange, forward foreign exchange contracts, global collection accounts, and payment links. As one of the few multinational non-bank financial institutions in the world, KVB Kunlun International has continuously forged ahead in the field of FinTech and stayed aligned with the most advanced technologies. We are committed to providing one-stop professional foreign exchange solutions for various business institutions, enhancing their market competitiveness and helping enterprises move toward internationalization.