Fintech Singapore 2017 in Review

Fintech Singapore 2017 in Review

Fintech Singapore·2017-12-30 23:05

The fintech ecosystem in Singapore has grown significantly this year, with now more than 400 fintech ventures based in the city-state and over 30 fintech innovation labs or research centers set up by multinational corporations.

The Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator, has largely contributed to Singapore’s thriving fintech industry. In addition to collaborating closely with the private sector, the authority has initiated a number of projects of its own to be at the forefront of fintech and digital finance.

Year 2017 was all about fostering collaboration, building Singapore’s fintech talent pool, and attracting even more startups and financial institutions to test, develop and apply their new technology solutions locally.

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