Summary Report – The Role of the Innovation Ecosystem: Putting Singapore at the Centre of the Global Digital Economy
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Singapore’s FinTech landscape is on an upward trajectory, with USD 4.1 billion in investments in 2022 and 1,500 FinTechs currently calling Singapore home. Within three years, the goal is USD 10 billion investments and 3,000 FinTechs.

At Elevandi Insights in November last year, Ecosystm CEO Ullrich Loeffler had the pleasure of moderating a roundtable hosted by HSBC that brought together regulators, banks, investors, incubators, FinTechs, and digital economy players to discuss the strategies that can grow and strengthen Singapore’s FinTech ecosystem.

We are pleased to make available to you a Summary Report outlining the key findings; and an action plan that participants felt will accomplish the objective of doubling the number of FinTech startups in the next three years.

This report includes:
• The success factors of an Innovation Ecosystem
• Opportunities for enhancement
• Maximising support from financial institutions
• An action plan for banks to shape FinTech success stories

Our thanks to the roundtable participants for contributing to this discussion, and to HSBC for driving this crucial industry initiative.

Download Summary Report – The Role of the Innovation Ecosystem: Putting Singapore at the Centre of the Global Digital Economy

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