FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA

Singapore is also the launchpad for FinTech firms looking to move across ASEAN SINGAPORE, Nov. 12, 2019 /PRNewswire/ — Financial technology (FinTech) firms in Singapore continued to attract the lion’s share of global funding among ASEAN countries, receiving more than…

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Singapore is also the launchpad for FinTech firms looking to move across ASEAN

SINGAPORE, Nov. 12, 2019 /PRNewswire/ — Financial technology (FinTech) firms in Singapore continued to attract the lion’s share of global funding among ASEAN countries, receiving more than half (51 per cent) of funding for the region according to the FinTech in ASEAN: From Start-up to Scale-up report. Released by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA), the report also found that Singapore tops the region as the preferred base of FinTech firms and is home to 45 per cent of all FinTech firms in ASEAN.

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