Singapore poised to steal London’s fintech crown
By Finextra
Singapore’s lucrative FinTech sector looks poised to grow as rivals around the world struggle with regulatory challenges and political upheaval, according to a new report from ACCA (the Association of Chartered Certified Accountants).
The report, FinTech — transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to the sector as the internet has been for other areas of the economy. Regulatory issues in the US and Europe, as well as the potential disruption caused to London by the Brexit vote, positions Singapore at the heart of global growth.
