Traits of fintech champs
They have visionary leaders, push boundaries and are globally minded
DeeperDive is a beta AI feature. Refer to full articles for the facts.
IN the past few years, the fintech space has been peppered with start-ups that have thrived and continued to revolutionise traditional banking, and those that have decided to exit the space.
As Singapore looks forward to deepen its development of the sector in 2017, I thought it would be useful to look at the lessons learned and examine the traits that fintech companies have in common - especially traits that have enabled them to scale and succeed.
Firstly, these successful fintech companies realise the importance of leveraging the support of key stakeholders and working with the relevant authorities. The Singapore government has created a conducive "sandboxed" environment to foster innovation, allowing startups to tap into programmes that connect them to resources and industry players that will help them grow.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant