Singapore Sees Fintech Funding Tripling This Year to $3 Billion
WATCH: Sopnendu Mohanty of the Monetary Authority of Singapore discusses the central bank’s ambitions to turn the city-state to a global fintech and crypto hub.
Source: BloombergThis article is for subscribers only.
Singapore’s financial technology sector is expected to attract more investments this year, which could triple the amount raised in 2020, according to a top central bank official.
Funding in fintech is estimated to total about $3 billion by the end of the year, Sopnendu Mohanty the Monetary Authority of Singapore’s chief fintech officer, said in an interview on Monday.