Fintech Insider Podcast by 11:FS 910. Insights: Is Singapore the best place in the world to start a fintech?
Oct 31, 2024
Anupam Pahuja, Executive VP at Nium, shares insights on emerging markets, while Joel Leong, co-founder of Aspire, discusses innovative banking solutions for businesses. Shadab Taiyabi, President of the Singapore Fintech Association, highlights the dynamic fintech ecosystem in Singapore. They explore the country’s rapid growth as a fintech hub, the impact of supportive regulations, and collaboration between startups and traditional finance. Plus, a delightful detour into Singapore’s culinary scene adds a flavorful twist to the fintech conversation!
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Collaborative Ecosystem
- Singapore's fintech success is driven by a collaborative ecosystem.
- Government bodies like the Economic Development Board and Enterprise Singapore actively support businesses.
Attracting Talent
- Singapore's pro-enterprise, pro-innovation environment attracts global talent.
- Its global connectivity makes it a springboard for businesses to access Asia and beyond.
SingPass Impact
- SingPass, Singapore's digital identity system, facilitates transactions with government and financial institutions.
- This system streamlines KYC processes, reducing costs for businesses.