Data from global consultancy firm Accenture, released in October, showed that the total value of fintech deals in the first nine months of 2019 jumped 69% to US$735 million ($996.6 million) from US$435 million the previous year.
Players gear up for new digital bank licences in 2020
SINGAPORE (Dec 27): Singapore’s financial technology (fintech) ecosystem has grown much livelier. According to the Monetary Authority of Singapore (MAS), there are now more than 600 fintech start-ups in Singapore, compared with 50 in 2015.
