Financial technology (fintech) has huge potential to grow in Singapore. In fact, Singapore can be considered as the fintech capital of Asia.
Fintech firms offer a variety of services for consumers and financial institutions, including remittances, gold trading and lending to small and medium-sized firms. Singapore is fast becoming the ideal place for firms which are seeking a beachhead to expand into Asia as well as to look for local partners.
Not only is there industry and government support, but the concentration of investors, financial institutions and mentors makes Singapore a good place for a fintech investment.
In my opinion, there are 5 high-growth areas over the next decade. My portfolio shall be riding on these mega trends.
- Financial Tech
- Data Analytics/ Big Data
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