What is the next move for Fintech Companies based in Singapore?
How does Singapore become a global leader in the Fintech Sector?
According to DBS CEO Mr Piyush Gupta, the answer lies in regional expansion. With Singapore’s current status as an international financial centre acting as a spring board, regional expansion would propel Singapore into becoming the new global Fintech Leader.
With an environment for Innovation within a regulatory Sandbox, companies have enough space to experiment here and the banks have begun to take notice. Preparing for a coming revolution, Banks have begun to develop their own technological capabilities.
The future does indeed look bright for Fintech Companies.