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Fintech in Singapore: A Regulatory Perspective
Why is Singapore such a magnet for fintech? The city has become Asia's hub for fintech companies to set up, to manage their business across South East Asia, and to develop new products and tools.
In this series of articles we explore the fintech landscape in Singapore, including digital banks, payment systems and payment service providers, cybersecurity, crypto and environmental, social and governance (ESG).
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The tremendous proliferation of Fintech companies and professionals based in Singapore over the past decade has demonstrated the country’s reputation as a prime Fintech hub in Asia. The diversity of Fintech companies with various business models in Singapore has also grown exponentially, along with an increasing adoption of Fintech by traditional financial institutions.
This progress has been in no small part due to the Singapore government’s unwavering support for the Fintech ecosystem, which is seen as a way to build a more dynamic economy that improves the lives of individuals.
As part of a global practice, our team in Singapore is well established in the Fintech scene with deep expertise across the ever-evolving landscape of financial regulation, investment management, venture capital and technology. As our contribution to this growing field, we have developed a series of articles that will closely examine the Fintech landscape in Singapore. These articles will explore specific areas of interest within the fintech space from a regulatory perspective, including digital banks, payment systems and payment service providers, cybersecurity, cryptocurrency and environmental, social and governance (ESG).
Vibrant and magnetic as it is, we understand that this is a field that continues to evolve and thus requires continuing education and understanding for newcomers and experienced market players alike. We are well placed to advise you on every step of your Fintech journey with innovative and practicable solutions. If you would like to discuss any of the points laid out in the following articles or have any questions, please do not hesitate to reach out to us.
3 January 2023 | Article
Fintech in Singapore today – a look at the Fintech regulatory environment, and what you need to know
Withers tech in AsiaThe technology and startup scene in Asia is growing rapidly, with an increasing amount of investments and a rising number of unicorns emerging. Having established deep roots in the technology and venture capital ecosystem in Asia, Withers Tech in Asia is well-placed to service the complex and ever-growing needs of the sector.
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