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Singapore is a strong financial hub, and a regional headquarters for many foreign banks, so there was already a natural interest from fintech companies to use Singapore as a springboard into the region. Our early views were focused on how fintech could help improve the financial industry.
«We started looking at how we can have these fintech companies anchored in Singapore»
We soon realised that looking at fintech from a purely demand perspective was too narrow, and we should look beyond just being consumers of fintech.
How did you look beyond the demand side?
We started looking at how we can have these fintech companies anchored in Singapore, and came up with a comprehensive plan to develop a fintech ecosystem within Singapore.
