Tencent Paves The Way For Global Digital Finance At Singapore Fintech Festival 2025

Tencent's Vision for the Future of Finance

In a grand showcase at the Singapore FinTech Festival (SFF) 2025, Tencent unveiled its ambitious vision for revolutionizing digital finance. On November 17, 2025, the tech giant presented how it plans to integrate interoperable payments, innovative digital services, and AI-driven cloud solutions to transform how businesses and individuals transact globally.

Returning to the SFF stage, Tencent highlighted its ecosystem's ability to create more intuitive and inclusive digital finance experiences. With its media technologies, Tencent powered the event's livestream, allowing global audiences to tune into SFF's six main stages with seamless playback and minimal delay.

From Transactions to Everyday Experiences

Throughout the festival, Tencent emphasized its evolution from merely facilitating transactions to enhancing everyday user experiences. Leaders from Tencent Financial Technology, Weixin, and Tencent Cloud discussed the synergy of interoperable infrastructures and their impact on global digital finance expectations.

“Every day, we’re looking for use cases that could improve our users’ lives,” said Forest Lin, Tencent’s Corporate Vice President and Head of Financial Technology, during a keynote panel.

Lin elaborated on Tencent's AI tools that assist small businesses in streamlining services like menu scanning and QR ordering, and detailed how their fraud prevention technology keeps Weixin Pay remarkably secure. He stressed the importance of staying ahead in the tech race against fraud.

Innovations and Collaborations

Tencent's booth at the festival's 10th anniversary illustrated its cutting-edge technologies in action. Attendees explored Tencent's Palm, Weixin Pay, TenPay Global, and the Weixin Mini Program Ecosystem, experiencing firsthand how these innovations integrate with local businesses.

Daniel Hong, Vice President of Tencent Financial Technology, spoke on the challenges and strategies in achieving payment interoperability, advocating for a collaborative, user-focused approach. He highlighted AI's potential to enhance interoperability while acknowledging the challenges it presents.

Expanding Global Reach

Several initiatives were announced, including TenPay Global's collaboration with China's Cross-Border Interconnection Payment Gateway (CPG) and strategic partnerships with major financial players like DBS Bank and GrabPay. These efforts aim to facilitate seamless international transactions for merchants and consumers alike.

At the heart of Tencent's strategy is making cross-border payments feel simple and accessible. With new integrations like Singapore’s SGQR+ and Thailand’s PromptPay, local merchants can accept payments from Chinese travelers effortlessly.

Transformational Tech and AI Leadership

Etienne Ng, Weixin Pay’s Country Manager for Singapore, showcased Tencent's biometric innovations, emphasizing how technologies like Tencent’s Palm Solutions enhance payment efficiency and security.

In a panel on AI in financial services, Powell Li, Vice President of Tencent Cloud, discussed the importance of a strong ecosystem and infrastructure for scaling AI safely. Tencent Cloud's focus remains on empowering partners to build intelligent systems prioritizing user needs.

Overall, Tencent's participation at SFF 2025 was a testament to its commitment to building a connected digital economy, where technology seamlessly bridges global finance gaps.