Lattice80, Nanyang Polytechnic partner on fintech experiential attachment programme
By Digital News Asia May 23, 2017
- Qualifying NYP students can sign up to be attached to Marvelstone’s Lattice80
- The students learn what it is like to operate at the heart of Singapore’s fintech ecosystem
LATTICE80, the world’s largest fintech hub wholly owned and operated by private investment firm Marvelstone Group, has signed a memorandum of understanding (MoU) with Nanyang Polytechnic (NYP) to offer a financial technology (fintech) experience programme for its year one and two students.
Qualifying NYP students can sign up to be attached to Marvelstone’s Lattice80, gaining exposure and insights to the operations of Fintech Hub. Located at Singapore’s Robinson Road – within the city’s central business district, just a stone’s throw from all the major banks and financial institutions – the Fintech Hub houses more than 85 startups.
The students will gain access to a burgeoning industry and learn what it is like to operate at the heart of Singapore’s fintech ecosystem, and work with government bodies, regulators, investors, and the traditional financial sector.
Lattice80’s 30,000-sqft not-for-profit collaboration and events space was opened in November 2016. It bridges the public and private sectors.
Deloitte has ranked Singapore alongside London as the world’s leading fintech hub in a report released in late 2016. Meanwhile, the Monetary Authority of Singapore (MAS) has set aside S$225 million to develop fintech projects.
Joe Seunghyun Cho (right), CEO of Lattice80 and chairman of Marvelstone Group, said: “We’re extremely pleased to join forces with NYP in order to help its students with the first steps on their career paths with fintech-related companies or in fintech-related job roles in the future, upon completing their diploma courses.
“Our innovative joint programme will encourage industry-academia collaboration within the fintech industry, including through relevant seminar and programmes to raise awareness and understanding of the emerging field of fintech. Students will be welcomed starting later this year.”
Loh Chuu Yi, director of NYP’s Business School, said: “NYP provides opportunities for students and adult learners to learn and grow, equipping them with skillsets to help them contribute to the industry and society.
“This experiential attachment gives our students a head start and insights on the industry to prepare them for jobs of the future. A strong talent pool, well-invested with relevant skills, will be crucial in building Singapore’s fintech ecosystem.”
The partnership between Marvelstone Group and NYP will allow both parties to tap into each other’s network of professional and industry contacts to support their mutual objectives. Students who perform well may be given the opportunity of employment with Lattice80, following the successful completion of their internship programme and studies.
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