Fintechs rethink IPO rush amid weak debuts, healthy funding options
IPO path for young fintech scene also eclipsed for now by Singapore market's bias towards Reits
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THE stinging performance of Uber's listing on the New York Stock Exchange - just as markets turned jittery again on renewed trade tensions - should add to the caution of young fintech firms in Asia charting a path towards an initial public offering (IPO).
Add fresh venture capital funding flowing through the region and a heavy Reit bias here to the mix, and the Singapore market may still have its work cut out in attracting large fintech firms based in this region.
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