Smile is Recognized as a Certified FinTech by the Singapore FinTech Association

Singapore, December 27, 2022 - Smile API, the leading provider of innovative financial technology solutions, is proud to announce that it has been certified as a FinTech by the Singapore FinTech Association (SFA).

The SFA's FinTech certification program distinguishes the FinTech companies from other SFA members and FinTechs in the marketplace by assessing the company's capabilities and products in the areas of financial services solutions, customer experience, and the use of technology. It is awarded to companies that provide technology solutions to improve and automate the delivery of financial services to end customers, businesses or as a partner to financial institutions, as well as those that enable innovative products and services. The certification is designed to help FinTechs stand out in a competitive landscape, providing assurance to stakeholders that they have met a set of standards that are recognized by the Monetary Authority of Singapore (MAS) to avail of various grants offered by MAS and similar government entities in the city-state. 

Smile API provides employment data across different employment platforms and employers, all through a single API for credit decisions and loan underwriting. Unlike traditional sources of credit data like credit scores, black lists or manually submitted documents, we provide greater coverage, real-time access, and the most recent, comprehensive, verified data about your users' identity, employment and income that is available in the market today. 

"We are honored to receive this certification from the SFA," said Jerome Eger, CEO of Smile API. "This recognition is a testament to the hard work and dedication of our team, who are constantly striving to deliver the best possible financial technology solutions to our customers. Smile API is also excited to be part of the SFA community and to be recognized as a Certified FinTech. This will further our goal of bringing Financial inclusion in the region, by making it easier for companies based in Singapore to use Smile API and take advantage of government incentives and grants. We are working hard to make financial inclusion a reality by ensuring that everyone has access to the financial tools and resources they need to improve their lives. When people are financially included, they can build savings, access credit, and make investments that can help them escape poverty and build a better future for themselves and their families. One of the biggest barriers to financial inclusion has been because financial services have been costly to bring and offer to the lowest economic segments of society because of a lack of reliable data. However, with Smile this can change.” 

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About Smile API
Smile Technology Pte Ltd is the one trusted source for employment data in Asia. Smile provides user-authorized access to valuable employment and income data from HR, payroll, commerce, and marketplace platforms through a single API. Banks, fintechs, recruitment agencies, and other service providers can leverage employment and income data to increase adoption and conversion, reduce cost, and reduce risk. Permission to access their own personal data is given by each individual users themselves, so they can seamlessly share this data with the parties they trust.
https://www.getsmileapi.com/

About Singapore FinTech Association
The SFA is a cross-industry and non-profit organisation. Its purpose is to support the development of the FinTech industry in Singapore, and to facilitate collaboration among the participants and stakeholders of the FinTech ecosystem in Singapore. The SFA is a member-based organisation with over 800+ members. It represents the full range of stakeholders in the FinTech industry, from early-stage innovative companies to large financial players and service providers. To further its purpose, the SFA also partners with institutions and associations from Singapore and globally to cooperate on initiatives relating to the FinTech industry. Well-connected globally, the SFA has signed over 70 international Memorandum of Understanding (MoU) to lay the network for its members and ecosystem.
https://singaporefintech.org/