SINGAPORE -- Singapore is striving to enhance its position as Southeast Asia's financial center particularly for financial technology companies, luring promising entrepreneurs from abroad with such programs as a special visa status and monetary support.
The island city-state has become a hub for business-to-business fintech companies seeking to operate globally, with their number increasing by 70% over the past year to more than 1,000. Singapore's experience could serve as a model for other cities wishing to become international financial centers.
