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European FinTech investments declined by 11% compared to the previous year, impacted by market uncertainties in 2025.

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  • European FinTech investments declined by 11% compared to the previous year, impacted by market uncertainties in 2025.
  • Minara presents AI and Web3 Innovation Night in Tokyo, highlighting advancements in AI-driven finance and the upcoming surge in stablecoin adoption. Discover the future of digital finance through Minara’s perspectives on the cutting-edge integration of AI agents and stablecoins.
  • Local startups dominate the number of AI patents in the financial sector.
  • The newsworthy ETF trend: active ETFs are invading “passive land”
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Home » Ravi Menon to chair GFTN and former central bank governors to join advisory board
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Ravi Menon to chair GFTN and former central bank governors to join advisory board

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The Global Finance and Technology Network (GFTN) today announced its Board of Directors and International Advisory Council.

Established by the Monetary Authority of Singapore (MAS) to promote innovation in finance, GFTN has brought together a team of eminent individuals from the public and private sectors from around the world.

GFTN will operate through four strategic activities: GFTN Forums, a global conference platform focused on finance and technology; GFTN Advisory, which provides practitioner-led advisory services and research on innovation policy; GFTN Platforms, a services platform for small businesses and FinTech companies; and GFTN Capital, an investment fund targeting technology startups with potential for growth and social impact.

Ravi Menon
Ravi Menon

Ravi Menon, Singapore’s ambassador for climate action and former chief executive of MAS, will chair the board.

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“I am honored to be joined by an exceptional group of individuals on the Board of Directors and
International Advisory Council.

I look forward to welcoming more members to the Board of Directors and the International Advisory Council as we expand GFTN’s work to harness innovation in financial ecosystems to create economic opportunities, build resilience, ‘to improve people’s lives and ensure a more inclusive and sustainable future for all,’

» shares Menon.

He is joined by vice-chairmen Leong Sing Chiong, deputy managing director of MAS, and Neil Parekh, nominated MP and non-executive chairman of Tikehau Capital.

To support the Council, an International Advisory Board includes global figures from the public and private sectors committed to driving innovation.

GFTN replaces and relies on Elevandi, which organized and globalized the Singapore Fintech Festival (SFF).

Sopnendu Mohanty, the current Chief Fintech Officer of MAS, will assume the role of CEO of the group on February 1, 2025.

Meanwhile, Kenneth Gay, MAS’s executive director for Enterprise Knowledge, will take over as Chief Fintech Officer.

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European FinTech investments declined by 11% compared to the previous year, impacted by market uncertainties in 2025.

February 17, 2026

Minara presents AI and Web3 Innovation Night in Tokyo, highlighting advancements in AI-driven finance and the upcoming surge in stablecoin adoption. Discover the future of digital finance through Minara’s perspectives on the cutting-edge integration of AI agents and stablecoins.

February 17, 2026

Local startups dominate the number of AI patents in the financial sector.

February 17, 2026
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