CapitaLand's Bridge+ to set up fintech hub in Singapore's CBD

Singapore

BRIDGE+, an extension of CapitaLand's business space portfolio, on Wednesday said it will actively support the growth of fintech players, and "enliven the community" here, with the group's upcoming development in the central business district (CBD).

Slated to open in the third quarter next year, Bridge+ will take up 56,000 square feet of space in CapitaLand's 29-storey, Grade A office development at 79 Robinson Road, which has a total office net lettable area of more than 500,000 square feet.

This will be Bridge+'s first location in Singapore's CBD after establishing its flagship co-working centre in Ascent building, at the Singapore Science Park. The new fintech hub will be near Tanjong Pagar MRT station and the upcoming Shenton Way MRT station.

Bridge+ 79 Robinson Road will span three floors, offering a mix of workspace solutions comprising flexi desks, dedicated fixed desks and private suites for various team sizes, the company said. It will also cater to financial institutions, venture capital firms as well as fintech companies and startups.

To support the growth of the Republic's fintech scene, Bridge+ has inked agreements with key players here, including the Asean Financial Innovation Network and the Singapore FinTech Association, among others.

The company added that the international fintech community may also tap Bridge+'s network as a platform to connect with local partners through seminars, hackathons and industry gatherings.

Manohar Khiatani, senior executive director of CapitaLand, said the group is delighted to bring Bridge+ into Singapore's CBD, building on its network across Singapore, Bangalore and various cities across China. Bridge+ 79 Robinson Road will be the company's ninth co-working space in the region.

Added Mr Khiatani: "Through a series of partnerships, we aim to create a vibrant fintech ecosystem driving innovation through knowledge sharing, cross-fertilisation of ideas and multidisciplinary collaborations."

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