January 17, 2022

Volume XII, Number 17

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January 15, 2022

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FinTech Ecosystem in Singapore

The FinTech eco-system is rapidly growing in Singapore with the support of recent initiatives by the MAS (Monetary Authority of Singapore) and the Deputy Prime Minister’s announcement to review the regulatory process for Venture Capital managers. MAS recently announced its cooperation agreement with Government of Andhra Pradesh (GoAP) to explore joint innovation projects on technologies including digital payments and blockchain and collaborate on the development of education programmes/curricula on FinTech. Singapore houses over 300 FinTech start-ups already and is known for being a hub to commerce operating in South East Asia. The government and regulatory authorities have indicated to review and introduce further incentives for FinTech companies in 2017.

Copyright 2022 K & L GatesNational Law Review, Volume VI, Number 320
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About this Author

Nicholas M. Hanna, KL Gates, private fund placements lawyer, convertible bonds attorney
Partner

Mr. Hanna has a particular focus on equity capital markets, private equity, joint ventures, mergers and acquisitions. He represents numerous corporate clients seeking to list on the Official List and AIM on the London Stock Exchange. He also advises on structuring private equity funds and other methods of alternative finance including private placements and convertible bonds.

Mr. Hanna acts for a broad range of industries including food and beverages, oil and gas, mining, financial services, defense, aviation and manufacturing.

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65-6507-8109
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