Each transaction appears simple but belies a multi-layered infrastructure spanning a bevy of payment-related fintech, some of which are headquartered in Singapore.
Amid a funding winter, the payment segment of the wider fintech ecosystem keeps growing for a good reason. But incumbents like Swift are not sitting still
If you took the bus, bought something online or transferred money to a friend today, you would have played a part in a complex ecosystem that connects the world’s banks and businesses: The payment network.
