Buddy up

Buddy up

The Monetary Authority of Singapore (MAS) has encouraged banks to adopt innovative technology that underpins the fintech industry. SINGAPORE’S fintech venture capital (VC) activity perked up in the first half of this year, with US$79.24 million capital invested in 10 deals till now. The invested amount exceeds the total of US$68.61 million that was invested in the entire of 2016 over 30 deals, according to the latest issue of KPMG’s Pulse of Fintech report. To be sure, this year’s first-half capital investment falls short of the 2015 figure of US$186.11 million, invested over 28 deals. But the 2015 numbers […]

Leave a Reply