New initiative to fast-track Fintech patent application-to-grant process in Singapore

The Intellectual Property Office of Singapore has launched a new Fintech Fast Track initiative which provides expedited patent application-to-grant process for Fintech inventions. Under this initiative, Fintech patents will be granted in as quickly as six months, compared to at least two years for normal applications. This will support the growth of Singapore’s Fintech sector by helping businesses bring their Fintech innovations to the market more rapidly.

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