Interview with Sopnendu Mohanty, Group CEO GFTN…
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After a decade as Singapore’s Monetary Authority (MAS) Chief Fintech Officer Sopnendu Mohanty is now deploying capital. In an exclusive interview, he reveals the three-tech stack that will define finance and why his new fund partnership is a “model of responsible collaboration.”
Sopnendu Mohanty spent ten years as the chief architect of Singapore’s famously pragmatic, use-case-driven fintech ecosystem. Now, he’s trading regulatory guidance for strategic capital. In an exclusive interview, the former Monetary Authority of Singapore (MAS) Chief Fintech Officer, now Group CEO of the Global Finance & Technology Network (GFTN) detailed his mission to drive “a more equitable financial services” future. And he’s backing that mission with a recently announced $200 million fund.
“The kind of technology we saw over the last 10 years, the kind of technology that is coming in the next 10 years, does require a coordinated global response to get it right at a scale,” Mohanty said, explaining his shift from regulator to global network builder. “We have to ensure that the shift and the growth, whether using AI or tokenization or better encryption using quantum, all this should drive to a more equitable financial services.”
From Policymaker to Capital Deployer
Sopnendu Mohanty’s journey – 17.5 years at Citibank followed by a decade at the MAS gives him a unique lens. He believes GFTN, a not-for-profit spawned from the MAS, is “best equipped to provide top-notch advisory services to private sector and government” because it understands how to operate at scale in a regulated industry. The commercial arm of that vision, GFTN Capital, just took a major leap.
In November 2025, GFTN Capital announced a partnership with Japanese financial giant SBI Holdings and SBI Ven Capital to launch a US$200 million global innovation fund. The fund will target growth-stage fintech companies worldwide, specifically those leveraging AI, digital assets, cybersecurity and tokenization.
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