Grab, Carousell, Shopee, the list goes on. We live in a digital era where technology empowers our everyday lives. Financial technologies are amongst the largest of Singapore’s assets, and this growing tide of change will stir much change in the future; some of which are already being felt. As consumers, how can we better navigate through this period of increased change?

The size of the Fintech scene in Singapore.

The Global FinTech City Index ranked Singapore 4th in the world, just behind New York, London, and Hong Kong. Singapore’s FinTech market had also experienced a large spike in investments despite the COVID-19 pandemic, with $650 Million dollars worth of funds raised. Singapore is set to be a prime hub for greater FinTech innovation and growth.

Why does it matter to me?

FinTech is not new to Singapore, but we are definitely going to see an escalation in the development and greater widespread adoption