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APIX Cares

We will help FinTechs* cope with COVID-19 better!

* Singapore Based FinTech Only * SFA Certified FinTechs Only. Apply for SFA Certification

To help our FinTech community cope with the global pandemic, we have worked closely with the Monetary Authority of Singapore (MAS) and the industry partners to introduce the APIX Cares Programme for Singapore:

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Free 6-months Access to APIX

MAS supports FinTechs to get free 6-months access to APIX for global sales engagements

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Complimentary Insurance Top-up
(Coverage up to SGD 50,000)

Complimentary Insurance Top-up by Prudential to all eligible FinTech employees

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AWS Benefits
(Credits up to US $25, 000)

AWS Credits, Tech support, Partner Funding, and Training resources

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Free 6-months Access to APIX

In support of APIX Cares, the Monetary Authority of Singapore (MAS) will provide all Singapore-based FinTech firms six months’ free access to APIX. Through APIX, FinTech firms and FIs can integrate and test solutions via our cloud-based architecture. Existing Singapore-based FinTechs that are commercially onboard APIX will also have their subscription extended until 31 December 2020.

Am I eligible?

To be eligible, you must be registered and operating in Singapore for at least 6 months, be providing technology solution for the financial sector and sign up onto APIX platform by 31 December 2020.

How do I sign up?

For FinTechs who currently do not have a paid membership with APIX, simply sign up for an account on APIX, and quote the promo code ‘APIXCARES2020’ during the payment process, for free 6 months access.

For FinTechs who are already a paying member of APIX, drop us an email at apixsupport@afin.tech to have your membership extended until 31 December 2020.

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Complimentary Insurance Top-up

As Singapore’s first insurance company on the APIX platform and a committed partner in Singapore’s FinTech ecosystem, Prudential is offering a complimentary PRUAffinity Personal Accident Plan to eligible employees of Singapore-based FinTech companies that have signed up to the APIX platform.

This plan will increase the personal accident coverage for retrenched FinTech employees from SGD 20,000 to SGD 50,000 and will include Prudential’s PRUCare package which covers Covid-19 quarantine and hospitalization benefits.

Am I eligible?

To be eligible, you must be a member of the APIX platform. Please find more details on the eligibility criteria for individuals here.

How do I sign up?

To enroll for this, please sign up here between 8 April and 7 June 2020 (both dates inclusive).

More information can be found below:

Product PRUAffinity Personal Accident Plan
Eligibility Employees of Singapore-based FinTech companies which have signed up for the APIX platform
Coverage Period 8 April 2020 to 7 April 2021
Remarks Residents of Singapore with a valid NRIC/ FIN,who are aged between 18 to 64 years old (age at last birthday) only
Benefits Sum Assured
Accidental Death & Accidental Dismemberment
(up to Occupational Class 3)
SGD 20,000
Hospital Income
(Covers insured member for hospitalization due to dengue hemorrhagic fever)
SGD 500, per insured per year
Between Job Safety Net
(Covers accidental death and accidental dismemberment; coverage terminates after 6 months from involuntary termination of current employment or when the person starts a new job, whichever is earlier)
SGD 50,000 maximum sum assured
(i.e., an increased coverage from the original SGD 20,000)
Customers under the PRUAffinity Personal Accident Plan are also able to access benefits under the PRUCare Package for COVID-19
(see: https://www.prudential.com.sg/others/Coronavirus for more information)

1. SGD 500 One-time Cash Benefit for those Quarantined
(Quarantined Order issued from 6 April to 30 June 2020)

2. SGD 200 Daily Cash Benefit for those Hospitalized
(up to 3 months, and diagnosed between 6 April and 30 June 2020)

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AWS Benefits

Build & scale

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Migrate & Modernize

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Accelerate with APN

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Get started: Request invite to AWS Virtual Office hours to learn more

Build and Scale with AWS

APIX FinTech members will receive AWS Activate credits and AWS Business level technical support, including 24x7 technical support, a call/chat channel, and premium response speed; as well as training resources such as 80 credits for self-paced labs from Qwiklabs.

SR No FinTech Stage AWS Activate credits*
1 Pre-seed Up to USD 5,000
2 Seed/Angel Up to USD 10,000
3 Series A Up to USD 25,000

Migrate

AWS is helping thousands of organizations successfully migrate significant workloads to the cloud. These organizations benefitted from improved productivity, business agility, and operational resilience. APIX FinTech members will receive AWS Service Credits, Partner Funding, as well as Business Support Credits to help them migrate external workloads from competitive platforms, colocation or on-premises to AWS cloud.

AWS Offer* Details Validity
AWS Credits 3x of the estimated Monthly AWS Cost First 3 months
Partner Funding 1x of the estimated Monthly AWS Cost  
AWS Business Support credits USD $ 5,000 1 Year
*Currently available only for SG based FinTech, subject to approval by AWS

Accelerate with a POC powered by AWS

APIX FinTech members joining AWS Partner Network can unlock funding benefits as they rise through the APN Tiers to help accelerate AWS business development including increasing capacity and capabilities for delivery of AWS solutions and products for customers.

AWS Offer* Details Eligibility
AWS Credits 10% of the estimated Annual AWS Cost AWS APN Select tier & Above
*Subject to approval by AWS

AWS Virtual Office hours

APIX FinTech members can request an invite to AWS Virtual Office hours. During the Virtual Office Hours FinTech will receive guidance from an AWS expert on a wide range of topics, such as hosting a website, migrating a database, setting up a network, building an analytics solution, or optimizing an AWS cloud usage; enabling them to get started on as well to complete their in-flight projects faster.

AWS Benefits - FAQ

To be eligible for the AWS benefits, you must be a commercial member of APIX with at least 1 API listed on the APIX. APIX FinTech members who signed up- for 6 months of APIX access are considered commercial members of APIX.

To receive AWS Activate credits, simply sign up for APIX membership and request the APIX team for an Org ID.

Please click here for details.

AWS Activate Credits for AWS Activate Portfolio are not cumulative. The credits amount mentioned by the AWS Activate Provider is the maximum amount of credit you are eligible to receive from their offer. You may receive different AWS Activate credit amounts than specified in the table, if your FinTech has received AWS Activate credits in the past.

If you want to migrate any workload from an on-premises environment, hosting facility, or other public cloud; please reach out to the AWS-APIX team.

You can use AWS Pricing Calculator or AWS Simple Monthly Calculator to estimate the Monthly AWS Cost of your workload.

If you are an existing AWS APN select tier (or above) partner, please log in to APN Partner Central, navigate to the Funding tab to launch the APN Funding tool, and contact your Partner Development Representative. If you are not an AWS select tier partner, please sign up here.

FAQ

The APIX Cares Program provides six months free access for Singapore-based FinTechs to the API Exchange (APIX), access to digital hackathons and technology challenges and complimentary deals provided by APIX Corporate Partners such as insurance top-ups, cloud-service credits etc. For more details, contact apixsupport@afin.tech.

To be eligible, you must be registered and operating in Singapore for at least 6 months, be providing technology solution for the financial sector and sign up onto APIX platform by 31 December 2020.

Yes, all Singapore-based FinTechs who are currently on APIX will be entitled to six months of free access to APIX. If you are a paying FinTech on APIX, your paid subscription will be extended for free until the end of December 2020.

To claim your free access to APIX, kindly go through the account registration process on www.apixplatform.com. In your sign up process, kindly quote the promo code ‘APIXCARES2020’ for your subscription fees to be waived off for the first 6-months of access.

If you have any queries, please contact us at apixsupport@afin.tech