10 Feb '18, 12am

Gamechangers in fintech

FOR every 10 startups, just one survives. These are the odds that Singapore fintechs stare down, but for those who dare and make it in today's winner-take-all market, the gamble offers rich rewards. But what makes a Singapore fintech that can beat the odds, and emerge from the hype? While the three fintechs featured this week vary in maturity, they share a few similarities. For a start, they don't sell technology that is seen as cosmetic, or what has been dubbed "lipstick fintech". Instead, they face up to problems that are closely tied to Singapore's fortunes and concerns. M-Daq tries to bring down the exorbitant forex spreads, working into Singapore's edge as the top Asian forex trading centre. CXA Group is targeting escalating healthcare costs that are a top concern for policy-makers here. And CCRManager has created the world's first platform for a secondary market for ...

Full article: http://www.businesstimes.com.sg/brunch/gamechangers-in-fi...

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