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Asia-PacificApril 3 2017

Singapore aims to be a fintech kingmaker

The city-state of Singapore is beefing up its financial hub credentials by working hard to expand its fintech market. Nikkei staff writer Mayuko Tani reports.
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Tiny Singapore has its hands full in trying to maintain its status as a financial hub of Asia. To succeed, it is stoking the fires of financial technology (fintech).

In November, more than 13,000 people gathered in Singapore to attend the inaugural FinTech Festival. The highlight was the FinTechHackcelerator, in which 19 start-ups chosen from a pool of 655 international applicants demonstrated their hottest innovations, from payment systems to portfolio analysis tools.

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