Singapore’s fintech honcho has vision of Asian Silicon Valley ...Qatar

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Singapore sees more investments pouring into financial technology firms this year as the city-state seeks to become a regional hub for capital raising in areas from payments to robo-advisory, according to a top central bank official. Such investments have risen from around $20mn in 2014 to a record $1.1bn last year, and more is expected this year, Sopnendu Mohanty, the Monetary Authority of Singapore’s chief fintech officer, said in an interview. “We don’t have Silicon Valley, but we are trying our best,” he said. The environment the country is building enables these fintech players to “find opportunities to see if their early ideas translate into real value in the long run.” Mohanty, who s

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Last updated : 07 June 2021 clock 09:45 PM

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Singapore’s fintech honcho has vision of Asian Silicon Valley ...Qatar

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