Page 59 - NYAA Annual Report 2020

NYAA Gold Award Holder Mr Mohammad
Abbas
Mohammad Abbas, an NYAA Gold Award holder
(2015 Cohort) and Co-founder of Rely, a very
successful Singapore-based financial technology
company, was featured on Channel News Asia on
21 September 2020 on his innovation in 3 - an easy
monthly instalment payment software - developed
by Abbas’s company, Rely. The system helps those
who need an easy monthly instalment scheme to
purchase essential goods that they need for their
family without paying upfront with cash.

Through research, Abbas discovered that many less
well-off but honest people who need small loans to
help start a small business could not secure a loan
from our banks as they do not have collateral as
security. Therefore, even if they have good ideas,
they will never succeed in securing a loan due to the
security requirement by banks on loan disbursement.
So, Abbas’s fintech company provides those who
need a small loan to secure a loan from the banks
through his software financing system. Mr Mohammad Abbas, Co-founder of Rely.

2nd Lt Bryan Tan Guang Jun, NYAA Gold Award
holder and RSAF Sword of Honour recipient
2020
2nd Lt Bryan Tan Guang Jun, NYAA Gold Award
holder (2016 Cohort) from ITE College East and
Singapore Polytechnic, received the Republic of
Singapore Air Force Sword of Honour. Deputy Prime
Minister and Coordinating Minister for Economic
Policies and Minister for Finance, Heng Swee Keat,
graced the 117/19 Officer Cadet Passing Out Virtual
Parade in 2020. The NYAA Executive Director shared
with Deputy Prime Minister Heng Swee Keat about
Bryan’s achievement. Mr James Soh had the honour
of presenting Mr Bryan Tan the NYAA Certificate of
Achievement signed by the Deputy Prime Minister.
Dr Yek Tiew Ming, Principal of ITE College East and
Mr Kenneth Wong, Bryan’s lecturer and Mentor at
ITE College East and Ms Aileen Yap, NYAA Deputy
Executive Director, attended the luncheon. 2Lt Bryan Tan Guang Jun, RSAF Sword of Honour recipient 2020.

2Lt Bryan Tan is an active youth leader at Limbang
Division, Marsiling-Yew Tee GRC, anchored by Minister
for Education, Mr Lawrence Wong. Bryan has secured
a place at the National University of Singapore,
where he will be pursuing a degree in Chemical and
Biomolecular Engineering after his National Service
in 2021.

2Lt Tan received the NYAA Certificate of Achievement from Mr
James Soh, Executive Director, NYAA.With Mr Soh is Dr Yek Tiew
Ming, Principal, ITE Colleg East.

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