SMU Sim Kee Boon Institute for Financial Economics organised a conference on Financial Technology (or fintech) and Financial Inclusion on August 19. Speaking at the conference, Monetary Authority of Singapore managing director Ravi Menon said that Singapore's banking regulator will review some of the regulatory requirements placed on venture capitalists, to encourage more such investors to set up in Singapore and boost the funding pool for fintech start-ups. Beyond funding, Singapore is also lagging behind fintech hubs like New York and Silicon Valley when it comes to having a pool of experienced mentors and investors in the fintech ecosystem, he added.
Image: ST PHOTO / ALPHONSUS CHERN
