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:
MAS supports FinTechs to get free 6-months access to APIX for global sales engagements
Complimentary Insurance Top-up by Prudential to all eligible FinTech employees
AWS Credits, Tech support, Partner Funding, and Training resources
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.
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.
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.
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.
To be eligible, you must be a member of the APIX platform. Please find more details on the eligibility criteria for individuals here.
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
2. SGD 200 Daily Cash Benefit for those Hospitalized |
Get started: Request invite to AWS Virtual Office hours to learn more
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 |
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 |
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 |
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.
If you have any queries, please contact us at apixsupport@afin.tech