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Startups

Singapore fintech startups take off amid financial sector boom

City-state a magnet for innovative new companies, talent, money

Singapore has grown in importance as a fintech hub, thanks to its development of innovative technologies and services for smartphones. (Photo by Fumito Akiyama)

SINGAPORE -- Singapore, Southeast Asia's financial hub, has become a magnet for fintech startups. With the huge Asian market close at hand, the city-state has enhanced its strategic importance for businesses with innovative technologies and services for smartphones.

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