Industry Report

Get ahead in the Fintech Sector in Singapore

Singapore has formulated various roadmaps and strategies that have contributed to the development of the Fintech sector. Learn more about the different measures and business opportunities in our market report.

Singapore is the centre of the booming South East Asian fintech industry. Even though it is much smaller in size compared to its neighbours, the city-state has established itself into a formidable powerhouse, hosting nearly half of the fintech firms in ASEAN, with players having built competencies in all major fintech areas and playing the role of springboard to the region. 

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Singapore has taken the lead in South East Asia’s fintech funding which has been important for the growth of the city-state’s fintech ecosystem, with foreign angel investors, venture capitalists, and private equity funds setting up offices in the country. Today some of the most important actors driving the sector’s growth include internet players, banks, insurance companies, fund managers, as well as the Monetary Authority of Singapore (MAS), which has launched a series of fintech projects, other in collaboration with partners in the region. 

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Singapore: Business Opportunities in Fintech

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