Ep 34. Trust, Tech, and Transformation: Sopnendu Mohanty on Singapore’s Fintech Revolution

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In this episode of Money Majlis recorded on the sidelines of the Istanbul Fintech Week 2025, host Suvo Sarkar sits down with Sopnendu Mohanty, Group CEO of the Global Finance and Technology Network and former Chief Fintech Officer at the Monetary Authority of Singapore. Together, they trace Singapore’s extraordinary journey from fintech outsider to one of the world’s leading innovation hubs, attracting billions in investment and setting global benchmarks for trust, collaboration, speed and digital infrastructure. 

Mohanty identifies AI, tokenization, and quantum computing as the next frontiers for the future of finance — technologies set to transform everything from user experience to the security and structure of financial assets.

How should banks drive innovation? What are the six things regulators look for while approving fintechs? Why did Japan lose out on the fintech revolution? What are the challenges to the inter-operability of cross-border payments? Is stablecoin the future? And will embedded finance and superapps drive financial inclusion? 

Mohanty and Sarkar debate these and other topics in this intimate conversation that also covers the virtues of a small town upbringing, the constraints to passporting of regulatory approvals and the opportunities for public-private partnerships.  

This episode is a masterclass from a celebrity regulator in how bold policy, open collaboration, and relentless experimentation can reshape the future of finance—not just for Singapore, but for the world.

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Produced by : Sabine Achkar at Poddster
Research partner: Perplexity Pro
Giving partner : Goodworld