Singapore University of Social Sciences

Launch of Chartered Fintech Professional (CFtP)

August 26, 2020


On 26 August 2020, Global Fintech Institute (GFI), the Shanghai Institute of International Finance Center (SIIFC) of Shanghai University of Finance and Economics (SUFE) and the Singapore University of Social Sciences (SUSS), signed a Memorandum of Understanding (MOU) to jointly develop the Chartered Fintech Professional (CFtP) qualification program.

Through this collaboration, we hope to cultivate more international FinTech talents, promote the formation of FinTech ecosystems, and further advance the steady development of FinTech industry worldwide.

Row 1 (from left to right): Professor Zhao Xiaoju, Dean of SIIFC, SUFE; Professor David LEE Kuo Chuen, Chairman, GFI
Row 2 (from left to right): Professor TSUI Kai Chong, Provost, SUSS; Mr Sopnendu Mohanty, Chief FinTech Officer, MAS (witness)

Press Release

Global Fintech Institute (GFI) announced today that it has signed a Memorandum of Understanding (MOU) with the Singapore University of Social Sciences (SUSS) and the Shanghai Institute of the International Finance Center (SIIFC) of Shanghai University of Finance and Economics (SUFE), to grow FinTech professionals in Singapore and China, and build a sustainable pipeline of talents to bolster the global FinTech ecosystem. Gracing the virtual event were Professor David Lee, co-founder and chairman of GFI, Professor Tsui Kai Chong, Provost of SUSS, Professor Zhao Xiaoju, Dean of SIIFC. The signing ceremony was also witnessed by Mr Sopnendu Mohanty, Chief FinTech Officer of the Monetary Authority of Singapore (MAS).

全球金融科技学院(GFI)今天宣布,它已与新加坡新跃社科大学(SUSS)和上海财经大学上海国际金融中心研究院(SIIFC)签署了合作备忘录,该合作旨在为新加坡和中国培养金融科技专业人才,为支持全球金融科技生态系统发展输出人才。GFI联合创始人李国权教授、新加坡新跃社科大学常务副校长徐继宗教授、上海财经大学上海国际金融中心研究院院长赵晓菊教授代表签约,新加坡金融管理局(MAS)首席金融科技官Sopnendu Mohanty先生见证了此次签约仪式。

The global FinTech market is expected to grow at a compounded annual growth rate (CAGR) of about 20% and is projected to reach a market value of approximately US$305 billion by 2025, according to a new report from ResearchAndMarkets[1]. This reflects the huge potential of FinTech and demand for FinTech talent, especially as Singapore and several cities in China including Shanghai are pushing towards becoming leading FinTech hubs.


Through this strategic partnership, GFI, SUSS and SIIFC will collaborate to introduce the Chartered Fintech Professional (CFtP) qualification. The CFtP qualification aims to promote the FinTech sector and raise the level of professionalism within the industry. In addition, the CFtP qualification provides a pathway for those professionals from other industries who aspire to embark on a career in FinTech.  


The CFtP qualification consists of two levels -, covering topics on finance, financial technology, applications and professional practice. Candidates will be awarded the qualification only upon successful completion of all assessments for both levels, as well as satisfying experience requirements.


Professor David Lee, Co-founder and chairman of GFI, who presented the opening speech said, “With the acceleration of digital transformation in the financial services industry, the Chartered FinTech Professional (or CFtP) qualification will help promote professionalism in the global FinTech industry. In addition, it will provide career opportunities for professionals from other industries who aspire to make a career in FinTech. We look forward to collaborating with SUSS and SIIFC to realise the huge potential of fintech and demand for fintech talent, especially as Singapore and several cities in China, including Shanghai, are pushing towards becoming leading FinTech hubs.”

Professor Tsui Kai Chong, Provost of SUSS said, “This MOU reflects SUSS, SUFE and GFI’s desire to offer high quality FinTech accreditation opportunities to professionals in the growing FinTech industry. This strategic partnership will also allow SUSS to tap onto GFI’s expertise to enhance its FinTech training and learning capabilities. We are excited by the rich opportunities this collaboration offers, and look forward to working closely with GFI and SIIFC.”

Professor Zhao Xiaoju, Dean of SIIFC, said, “In August 2019, the People’s Bank of China issued the “Financial Technology Development Plan” and Shanghai established the goal of building a FinTech center. Meanwhile, many provinces and cities in China have issued plans or policies to support the development of FinTech. A large number of facts reflect the huge potential of the FinTech market, and also indicate that the market will have a huge demand for FinTech talents. It is an honor to participate in the initiation, establishment and construction of the CFtP program together with GFI and SUSS. The SIIFC of SUFE has held the “International FinTech Conference” for five consecutive years since 2015 and achieved significant influence over both academia and industry. Also, we are one of the first universities in China that have launched undergraduate programme (in 2018) and master program (in 2019) in FinTech. I hope that we can work together to make due contributions to the training of FinTech professionals, the construction of a healthy ecosystem for FinTech industry, and the steady development of global financial technology.”

Sopnendu Mohanty, Chief FinTech Officer of the Monetary Authority of Singapore, said, “As the global FinTech industry enters a stable growth stage, it is crucial to establish a consistently high-quality and professional workforce that will charter this path of progress with the highest distinction in the FinTech profession. I am delighted that the Chartered FinTech Professional (CFtP) qualification will help to promote a high standard of professionalism in the FinTech industry. This tremendous effort by GFI, SUSS and SIIFC will build future charter holders who are recognised globally for their commitments to serve the FinTech industry with strong roots in empathy, purpose and inclusivity”.

GFI联合创始人李国权教授在开幕致辞中提到:“随着金融服务行业数字化转型的加速,此次特许金融科技师专业资格证书(CFtP)的推出将有利于全球金融科技行业专业水平的加速发展。此外,证书将为渴望转行来金融科技领域工作的专业人士提供更多的工作机会。我们期待与新跃社科大学和上海财经大学上海国际金融中心研究院合作,以实现金融科技的巨大潜力、满足对金融科技人才的需求,尤其是在新加坡和包括上海在内的中国多个城市正在努力成为全球领先的金融科技中心的情况下。” 新加坡新跃社科大学常务副校长徐继宗教授发言提到:“此次合作备忘录的签订充分反映了新跃社科大学、上海财经大学上海国际金融中心研究院和全球金融科技学院希望为不断发展的金融科技行业中专业人士提供高质量金融科技师专业资格认证机会的愿望。这种战略伙伴关系还使跃大能够利用全球金融科技学院的专业知识来增强我们金融科技相关的学习和培训能力。我们为这次合作所带来的巨大机会感到激动,同时,也十分期待接下来与财大、全球金融科技学院的紧密合作。”

上海财经大学上海国际金融中心研究院院长赵晓菊教授发言提到:“2019年8月中国央行发布了《金融科技发展规划》,上海确立要建成金融科技中心这一目标,中国很多省市都已发布支持金融科技发展的规划或政策。大量数据反映出金融科技市场的巨大潜力,同时也预示着市场对金融科技人才的需求将非常巨大。很荣幸能与GFI、SUSS一起参与CFtP 项目的发起、创立和建设。上海财经大学上海国际金融中心研究院自2015年起已连续五年牵头举办“金融科技国际研讨会”,在学界和业界取得了一定影响力。同时我们金融学院于2018年在本科生层面首先推出了金融学与计算机、统计等学科交叉融合的金融科技基地项目,并于2019年开设金融科技专业硕士项目,是中国国内最早开设金融科技专业(方向)的高校之一。希望大家共同努力,为金融科技专业人才的培养、为金融科技行业健康生态的构建、为全球金融科技的稳健发展做出应有的贡献。”

新加坡金融管理局(MAS)首席金融金融科技官Sopnendu Mohanty先生表示:“随着金融科技行业进入稳定的增长阶段,建立一支始终如一的高素质专业人才队伍至关重要,这将为金融科技行业往最高峰发展指明道路。 我很高兴看到特许金融科技师专业资格证书(CFtP)将有利于促进和保持金融科技行业中的高专业水平。GFI、SUSS和SIIFC所做的巨大努力真正从普惠的角度出发,会使未来的证书持有人(金融科技师)因其为金融科技行业做出的努力与贡献在国内外都能得到认可”。


Event Recording

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