The Singapore FinTech Festival, one of the biggest of its kind in the world began today. Prime Minister Narendra Modi will deliver the keynote address in the Fintech Conference, which is a part of the fest.

Mr Modi is the first head of a country who has been invited to give the keynote address, which is generally addressed by heads of world financial or technical institutes. Prime Minister will also launch a global platform which will connect fintech companies with world’s banks.Prime Minister will also award the winners of the India Singapore hackathon which will take place along with the fintech festival.

The Fintech Festival Being held alongside the ASEAN summit has the strongest Indian presence among exhibiting fintech companies. Over 250 speakers, 450 exhibitors, 16 international pavilions and close to 40,000 participants are taking part in the festival.