Fintech a growth market, blockchain a game-changer: Steven Tong

Credit: SBC

The regulatory framework for FinTech (financial technology) may be more mature in developed economies, and countries like the UK and the USA, hold an edge as regulators are more open to innovation in the space, Steven Tong, the managing director of Startupbootcamp Fintech Singapore, said in an interaction.

While developing economies are often more conservative in their regulatory approach, the opportunities they present are massive, as it involves finding solutions to address the needs of the unbanked and the underbanked populations, he added.

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