ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Politics

Singapore's first fintech listing will be litmus test for risk appetite

The government's goal to nurture technology start-ups puts focus on valuations

SINGAPORE (NewsRise) -- The Singapore Exchange could see its first financial technology listing by mid-year, a development that will indicate just how much risk the city-state's investors are prepared to take with fast-growing technology firms that seek high valuations before turning a profit.

Ayondo, which provides social trading and brokerage services, expects to complete its "reverse takeover" of a small Singapore-listed property developer in May this year, chief marketing officer Sarah Brylewski said on Tuesday at an SGX forum on investing in social network companies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more