singapore financial inclusion

Jul

What are the prospects for Singapore’s digital banks?

The digital banking proposition in Singapore has always been a bit curious. A central tenet of the case for digital banks in the city-state is that, well, Hong Kong has them, and besides, digital lenders can boost financial inclusion – as long as the definition of financial inclusion is broad.…

Jun

Fintech Research

Why is fintech fundraising booming in Singapore?

In Kapronasia’s 2021 Asia-Pacific Fintech Trends report published in January, we predicted that Singapore would be a fundraising hotspot in the region this year. As it turns out, that might have been something of an understatement, at least based on the first quarter. In the January-March period, Singapore fintechs raised…

Feb

Asia Banking Research

Will digital banks in Singapore cater to a niche market?

Some analysts are adamant that Singapore needs digital banks to boost financial inclusion. That’s an interesting argument, given that 98% of Singaporeans over 25 have a bank account, according to research by Allianz Global Wealth. By Allianz’s estimates, globally only Israel has a higher rate of financial inclusion than the…

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singapore financial inclusion