Singapore embraces fintech to stay ahead

Singapore embraces fintech to stay ahead

Several technological trends had also converged and were interacting with one another, Mr Menon noted, with financial services being unbundled, and as new players stepped in to offer services once reserved for traditional institutions. FILE PHOTO LET it be known that Singapore knows how to get things done. In just about two years, the city-state has proven to be a force to be reckoned with in this fintech space. The country now boasts of about 400 fintechs, including unicorn firm TransferWise, and welcomed more than 20 global financial institutions setting up their innovation labs to test out new ideas. […]

Leave a Reply