What Elevandi does

Elevandi is a Singapore-based non-profit entity established in 2021 by the Monetary Authority of Singapore (MAS) to foster an open dialogue between the public and private sectors on FinTech in the digital economy. In 2024, MAS established the Global Finance & Technology Network (GFTN) to replace and build upon Elevandi's three-year work, with leadership continuity secured through the appointment of former MAS Managing Director Ravi Menon (2011-2023) as Chairman and former MAS Chief Fintech Officer Sopnendu Mohanty as Group CEO from February 2025. The organization is headquartered at 6 Battery Road, Singapore, and operates regional offices in Europe (Zurich), Japan (Tokyo), Middle East & Africa (Tbilisi), Southeast Asia (Singapore), and India (Bhubaneswar). Elevandi's status is recorded as "acquired" following its consolidation into GFTN.

The organization's product portfolio is multi-dimensional and organized around three pillars. The Connections pillar comprises a calendar of global forums including the Singapore FinTech Festival, Point Zero Forum, Black Swan Summit (Australia and India editions), Inclusive FinTech Forum, Global SME Finance Forum, Silk Road Finance & Technology Forum, Tbilisi Finance Summit, Insights2040 Annual Meetings, GFTN Forum Japan, and Bangkok Digital Finance Conference, alongside the GFTN Connect networking platform and GFTN Live Streaming. The Solutions pillar includes GFTN Advisory (strategic guidance and market intelligence) and GFTN Solutions (Policy Development, Platforms, Capacity Building). The Capital pillar consists of GFTN Capital, a growth equity initiative investing in early and growth-stage fintech enterprises, complemented by education programs (AI Governance Executive Programme, Leadership in the Future of Finance, Rearchitecting the Financial System, Blockchain Guardians Programme) and signature programs such as Investor Hours, The Capital Meets Policy Dialogue, The Founders Peak, and Roundtables & Workshops. Notable technology initiatives include Q-FINEX (quantum-safe financial infrastructure with QUISA Research Centre and ST Engineering) and Green100 (green SME initiative).

Revenue is generated through four streams: forum and event participation fees, corporate membership subscriptions (recurring), advisory and policy services for governments and financial institutions, and GFTN Capital investment activity. The go-to-market motion is event-driven and community-led, leveraging the MAS mandate and the Singapore FinTech Festival brand to engage central banks and regulators, financial institutions and corporates, fintechs and entrepreneurs, investors, and academia. No public pricing or revenue figures are disclosed. Notable institutional relationships include the Government of Odisha (BharatNetra Initiative, five-year commitment), Central Bank of Uzbekistan (Silk Road Forum co-organizer), International Finance Corporation (SME Finance Forum manager), The Fintech Foundation (Global FinTech Regulatory Index), and corporate case studies with Banking Circle and Ripple.

Name

Elevandi

Legal name

Elevandi

Website

https://elevandi.io

Company type

Private

Founded year

2021

Operating status

Acquired

Headcount range

11–50 employees

Short description

Elevandi is a Singapore-based non-profit established by the Monetary Authority of Singapore in 2021 to foster public-private FinTech dialogue. Its work has been continued and broadened by the Global Finance & Technology Network (GFTN) since 2024, operating global forums, digital platforms, advisory services, growth equity, and education programs across five regions.

Ownership category

akta.pro rank

Product category

Fintech Ecosystem Development and Industry Events

NAICS

Professional and Management Development Training (61143), Educational Support Services (611710), Grantmaking and Giving Services (81321)

SIC

Investment Advice (6282)

akta.pro primary industry

Impact / ESG Venture Capital (FSANAAAG)

akta.pro secondary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

Keywords

• Fintech ecosystem
• Global forums
• Policy advisory
• Regulatory dialogue
• Membership network

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Forum and Event Participation: Revenue generated from hosting premier global fintech events including Singapore FinTech Festival, Point Zero Forum, Inclusive FinTech Forum, and regional summits
2. Membership Programs: Corporate membership tiers providing access to GFTN networks, platforms, and exclusive programs
3. Advisory Services: Policy development and ecosystem advisory services for governments and financial institutions
4. GFTN Capital Investment: Strategic investment vehicle deploying capital in fintech startups with potential for growth and positive social impact

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Elevandi is a non-profit entity established by the Monetary Authority of Singapore to foster open dialogue between the public and private sectors on FinTech in the digital economy. It delivers this mission by organizing global fintech forums and conferences, operating a corporate membership network with digital connectivity, running signature community programs that link policymakers, financial institutions, fintechs, and investors, and providing policy-development and ecosystem advisory services.

Product overview

GFTN (formerly Elevandi), established by the Monetary Authority of Singapore, is a not-for-profit organization that unites financial institutions, policymakers, tech leaders, and investors to build resilient, efficient, and inclusive financial systems. The organization operates a multi-dimensional portfolio consisting of: (1) Global Forums including Singapore FinTech Festival, Point Zero Forum, Black Swan Summit (Australia, India), Inclusive FinTech Forum, Global SME Finance Forum, Silk Road Finance & Technology Forum, Tbilisi Finance Summit, Insights2040 Annual Meetings, GFTN Forum Japan, and Bangkok Digital Finance Conference; (2) Digital Platforms including GFTN Connect (networking), GFTN Live Streaming, Q-FINEX (quantum finance with QUISA), and Green100 (green SME initiative); (3) GFTN Advisory providing strategic guidance and market intelligence; (4) GFTN Solutions covering Policy Development, Platforms, and Capacity Building; (5) GFTN Capital growth equity initiative for fintech investments; and (6) Education programmes including AI Governance Executive Programme, Leadership in Future of Finance, Rearchitecting the Financial System, and Blockchain Guardians Programme. Signature programmes include Investor Hours, The Founders Peak, Founders Rock, The Capital Meets Policy Dialogue, and Roundtables & Workshops. The network maintains regional presence through offices in Europe, Japan, Middle East & Africa, and Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Singapore FinTech Festival A global nexus where policy, finance, and technology communities converge to foster impactful connections and explore cutting-edge financial solutions, evolving regulatory landscapes, and technological innovations. Targeted at financial institutions, policymakers, fintechs, and investors.
• Point Zero Forum Forum focusing on inflection points reshaping European finance, discussing regulatory frameworks and digital transformation in European financial systems. For European regulators, financial institutions, and fintechs.
• Inclusive FinTech Forum Forum focused on advancing financial inclusion through technology and regulatory collaboration, attracting stakeholders from Africa and internationally.
• Black Swan Summit Series of summits convening the FinTech and InsurTech community — including startups, corporates, investors, regulators, and academics — to foster collaboration, business growth, and policy innovation. Includes summits in Australia and India.
• Global SME Finance Forum World's leading technically-oriented platform focused on scaling SME financing, attracting C-level industry leaders from more than 80 countries.
• Silk Road Finance & Technology Forum Forum co-organised by the Central Bank of Uzbekistan and GFTN, bringing together regulators, institutions, and innovators to shape the financial future of Central Asia through policy dialogue and cross-border collaboration.
• Tbilisi Finance Summit Summit held in Georgia focusing on digital infrastructure and tokenised capital markets in emerging markets, exploring how emerging markets are reshaping global finance.
• Insights2040 Annual Meetings Annual meetings bringing together Senior Officials and C-level attendees for deep-dive roundtable discussions targeting challenges faced by the financial sector.
• GFTN Forum, Japan Regional forum focused on finance and technology developments in Japan and the broader Asian market.
• Bangkok Digital Finance Conference Regional forum in Bangkok focused on digital finance developments in Southeast Asia.
• GFTN Connect Digital networking platform providing networking capabilities and digital connections within the GFTN ecosystem for members and participants.
• GFTN Live Streaming Digital platform for live streaming of GFTN forums and events, enabling remote participation.
• Q-FINEX Quantum finance initiative (GFTN × QUISA partnership with ST Engineering) providing evidence-based exploration of where quantum computing fits into financial industry roadmaps, advancing quantum-safe financial infrastructure.
• Green100 Green SME initiative — a collaboration by public and private sector actors to green SME communities.
• GFTN Capital Growth equity initiative supporting early and growth-stage FinTech enterprises worldwide, investing in technology startups with potential for growth and positive social impact.
• GFTN Advisory Advisory services providing strategic guidance and market intelligence for developing financial ecosystems, combining regulatory insight, practitioner expertise, and global network connections. For governments and financial institutions.
• GFTN Solutions Intelligence and digital infrastructure solutions including Policy Development, Platforms, and Capacity Building to build capability and policy.
• Investor Hours Signature programme connecting investors with founders and investment opportunities within the GFTN ecosystem.
• The Founders Peak Signature programme featuring impact makers sharing their journeys and experiences to inspire participants in the GFTN ecosystem.
• Founders Rock Programme supporting fintech founders through the GFTN ecosystem.
• The Capital Meets Policy Dialogue Signature programme facilitating dialogue between capital providers and policymakers.
• Roundtables & Workshops Signature programmes for intimate discussions and knowledge exchange among practitioners and policymakers.
• AI Governance Executive Programme in Global Capital Markets Executive education programme focused on AI governance frameworks in global capital markets.

Quantifiable outcome

• Over 3,000 stakeholders from Africa and abroad attended Inclusive FinTech Forum 2026
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• Monetary Authority of Singapore (MAS)flagshipStrategic or Co-development PartnerMAS established GFTN in 2024 as a not-for-profit to replace Elevandi, with Ravi Menon (former MAS Managing Director 2011-2023) as Chairman and Sopnendu Mohanty (Chief Fintech Officer) as Group CEO from February 2025. MAS provides foundational support and regulatory mandate.
• The Fintech FoundationflagshipStrategic or Co-development PartnerJoint initiative to develop the first Global FinTech Regulatory Index, benchmarking regulatory environments across jurisdictions to help build better fintech regulatory frameworks globally.
• Government of OdishacoreStrategic or Co-development PartnerLaunched BharatNetra Initiative to establish an integrated global financial technology capability hub in Bhubaneswar, India. GFTN to connect Odisha with international networks and capability centers over five years.
• Central Bank of UzbekistancoreStrategic or Co-development PartnerCo-organizers of the Silk Road Finance & Technology Forum (Aug 2026), bringing together regulators, institutions, and innovators to shape Central Asia's financial future through policy dialogue and cross-border collaboration.
• University of Western Australia's QUISA Research CentrecoreTechnology or IntegrationPartnership for Q-FINEX initiative to advance quantum-safe financial infrastructure, providing evidence-based exploration of quantum applications in financial services roadmaps.
• St EngineeringcoreTechnology or IntegrationTechnology partner for Q-FINEX quantum-safe financial infrastructure initiative, collaborating to develop and deploy quantum-ready solutions for financial services.
• International Finance Corporation (IFC)coreStrategic or Co-development PartnerSME Finance Forum is managed by IFC, with GFTN hosting the Global SME Finance Forum (Sep 2026), the world's leading platform for scaling SME financing attracting leaders from 80+ countries.

Scale indicators4 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• SWIFT: Global member-owned cooperative providing secure financial messaging and increasingly convening the industry on tokenisation, CBDCs, and cross-border payments. Comparable as a regulated, member-driven ecosystem builder with deep ties to central banks.
• Institute of International Finance (IIF): Global association of financial institutions producing policy advocacy, research, and convenings. Comparable to GFTN's advisory and policy dialogue work with central banks and regulators, though broader in scope across all financial services rather than fintech-specific.
• World Economic Forum (WEF) - Financial Services: International organisation convening heads of state, regulators, and CEOs at Davos and regional meetings, with an active Financial Services agenda. Comparable to GFTN's role as a global convener on fintech policy and cross-border collaboration.

Emerging players

• F10 (Fintech ecosystem): Swiss-based global fintech and insurtech ecosystem running innovation programmes, accelerators, and corporate-startup engagement. Comparable to GFTN's Investor Hours and Founders Peak programmes in connecting fintech founders with incumbents and capital.
• FINTECH Circle: Global fintech ecosystem platform offering founder programmes, investor introductions, and educational content. Comparable to GFTN's membership and founder-investor matchmaking offerings, though at a smaller, privately-held scale.

Direct peers

• Money20/20: Operator of the world's largest payments and fintech events ecosystem, including Money20/20 USA, Europe, and Asia. Most directly comparable to GFTN as a global fintech event and community platform targeting financial institutions, fintechs, and investors.

Regional players

• Singapore FinTech Association (SFA): Industry association for the Singapore fintech ecosystem, convening members and representing the sector to government. Shares GFTN's Singapore roots and stakeholder base but operates at a national level rather than GFTN's global remit.
• FinTech Saudi / Saudi Fintech: Government-backed national fintech ecosystem builder running industry events, regulatory sandboxes, and member programmes in the Middle East. Comparable to GFTN's central-bank-anchored model but confined to a single national market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/elevandi
• LinkedInlinkedin.com/company/fintech-elevandi

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elevandi