SMU and Citi Ventures have signed a Memorandum of Understanding to offer the Citi University Partnerships in Innovation & Discovery (CUPID) programme to SMU’s students. Participating students will get to earn one credit unit towards their undergraduate degree upon successful completion of the programme. This partnership marks the first time that CUPID is extending the programme to a university in Asia. SMU President Professor Lily Kong said, "As the burgeoning fintech sector continues to expand in Singapore and across the world, it is set to become a significant employer of talent in the future. Besides fintech start-ups, established financial institutions have also been looking to recruit more talent with skills in Web development and data analytics." SMU students taking the Financial Technology Project module will be able to participate in the programme. The module is part of the university’s Financial Technology track in the Bachelor of Science (information Systems) degree programme.