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S'pore may overtake London in fintech amid Brexit fallout

MIT report says there's "significant government effort" to support fintech innovators in the Republic

Published Tue, Jul 26, 2016 · 09:50 PM

Singapore

AMID the "Brexit" fallout, Singapore could be the first to overtake London as the fintech capital of the world, an MIT report this month showed.

"The next two to four years will see the outcome of the (fintech) race unfold. Where is the smart money going?" said the report. "One thing's for sure: Brexit uncertainty in London means greater opportunity for other regions around the world."

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