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ABOUT THE BOOK

Fintech journey of Singapore has been a story of relentless pursuit of excellence to build a global financial service hub with limited means and lots of aspirations. The slogan of “Dream big. Start small. Move fast” brought together regulators, startups, investors, corporates and everyone else to achieve a common goal.

One of the critical superpowers of Singapore is a national character built on survival instinct and a distinctive obsession with being successful. Singaporeans by nature are Kiasu (a Hokkien word which can be loosely translated to fear of missing out), and they wear it as a badge of honor. Like Israeli Chutzpah, it has both positive and negative connotations. Being Kiasu (drives Singaporeans to be constantly paranoid, doing everything they can to achieve success. It creates a certain fanaticism about meritocracy and instils a belief that one can never be complacent. In a regulated industry, our fear is our biggest strength, pushing us to comply with a wide range of ever-evolving regulations. The durable social fabric supports an adherence to order and authority. It proves to be a significant asset when it comes to developing and supporting a heavily regulated industry like financial services.

Singapore attracts people across the region to build their ventures in the domains of finance and technology. This book traces Singapore's journey from 2015 till today starting with establishment of regional hubs and globalization of fintech innovation. The key principles which established Singapore as a Fintech Nation have been an obsession with excellence referred to as RFFL (Right First, Fast Later), a unique model of economic and legal policies known as Singanomics and lastly, an organized and controlled model of a new idea development termed Garden Innovation.

This book was developed through 57 one-on-one interviews with founders and enablers, bringing together the stories and journeys of founders and enablers of the fintech ecosystem including access to capital, customers, talent, and policy initiatives which have made them and Singapore successful. These narratives are set against the context of key regulatory policy decisions and background of how some of the foundation blocks of Fintech Nation were set up and evolved over time. It aims to inspire the next generation to build their ventures and bring technology to the masses, improving the lives of billions. It contains a special chapter from Chief Fintech Officer, Monetary Authority of Singapore, Sopnendu Mohanty covering the subject from the lenses of a regulator.

SINGAPORE: THE FINTECH NATION offers provocative insights on current transformations and developments in Singapore over the past 5 years in fintech. It provides unprecedented insight into industry leaders’ and founders’ journeys. Innovation in this field has been extensive with the advent of next-generation technologies and new ways of integrating business processes to solve pain points and meet customers’ demands. This is a one-stop book for getting to know the rapidly evolving world of finance and technology!

It serves as a highly informative and exhaustive guide to what goes on in the real FinTech industry; complete with stories and journeys of founders and enablers of the FinTech ecosystem including access to capital, customers, talent and policy initiatives which have made them and Singapore successful.

Prepare the next generation on how to best embrace the new era of technology-led disruption in their ventures.

Discover knowledge and explore solutions on the concerning issues and relevant theoretical framework in the areas of:

  1. Artificial Intelligence (AI)
  2. Blockchain Technologies
  3. Cloud and Cybersecurity
  4. Data Analytics and Interpretation
  5. Regulations in Technology
  6. Any other matters relating to the above

Serves as a highly informative and exhaustive guide to the FinTech industry. Complete with stories and journeys of founders and enablers of the Fintech ecosystem including access to capital, customers, talent, and policy initiatives which have made them and Singapore successful.

Prepare the next generation on how to best embrace the new era of technology-led disruption in their ventures.

Discover knowledge and explore solutions on the concerning issues and relevant theoretical framework in the areas of:

  1. Artificial Intelligence (AI)
  2. Blockchain Technologies
  3. Cloud and Cybersecurity
  4. Data Analytics and Interpretation
  5. Regulations in Technology
  6. Any other matters relating to the above

Serves as a highly informative and exhaustive guide to the FinTech industry. Complete with stories and journeys of founders and enablers of the Fintech ecosystem including access to capital, customers, talent, and policy initiatives which have made them and Singapore successful.

Prepare the next generation on how to best embrace the new era of technology-led disruption in their ventures.

WHO SHOULD READ THIS BOOK?

Fintech Startups, Students,
Financial Service Executives
and Managers

Investors and Academics

Professional Associations,
Organizations, Institutes
and Societies

Financial regulator and trade promotion agencies

Book Launch: 7th December 2020

 

WHAT'S INSIDE?

Preface  
Acknowledgements
Chapter 1 A Playbook for Building an Ecosystem: Engage, Experiment, Execute and Empathy
Chapter 2 Optimum Regulation, Maximum Compliance
Chapter 3 It takes a Village to Raise a Child
Chapter 4 Hub-It-ology
Chapter 5 Equalizers to Promote the Ecosystem
   
   
Chapter 6 Orchestrate Network Effects
Chapter 7 Bounce Back
Chapter 8 Perceptual Reality, Beliefs & Beyond
Chapter 9 Talent Initiatives and Development
Chapter 10 Roadmap – Power of Maps
Chapter 11 New Frontier
Glossary  
Index  
   

WHAT'S INSIDE?

Foreword  
Acknowledgement  
Preface  
About the Authors  
Chapter 1 A Playbook for Building an Ecosystem: Engage, Experiment, Execute and Empathy
Chapter 2 Optimum Regulation, Maximum Compliance
Chapter 3 It takes a Village to Raise a Child
Chapter 4 Hub-It-ology
Chapter 5 Equalizers to Promote the Ecosystem
Chapter 6 Orchestrate Network Effects
Chapter 7 Bounce Back
Chapter 8 Perceptual Reality
Chapter 9 Talent Initiatives and Development
Chapter 10 Roadmap – Power of Maps
Chapter 11 Digital Transformation Beyond Technology
Chapter 12 New Frontier
Glossary  
Index  

MEET THE AUTHORS

Varun Mittal

FinTech Partner, Global Consulting Firm 
Varun Mittal is a Fintech Partner leading global emerging markets fintech practice at a global consulting and professional services firm.  He advises financial services providers across banking & capital markets, insurance and wealth & asset management in the ASEAN region.
 
He has worked with multiple regulators and national trade promotion agencies to develop fintech hub ecosystems across ASEAN, India, Middle East, European Union, and Latin America. Varun is a serial investor in over 20 startups across ASEAN, India and Africa with multiple successful exits.

Previously, Varun was the first marketing and sales employee at helloPay (acquired by ANT Financial, Alibaba Group), led payments for Samsung in ASEAN and developed regional mobile payment solutions at Singtel Group. Varun has authored books and articles in domains of financial services (fintech, insuretech, blockchain, wealthtech, payments, regtech, entrepreneurship and innovation).  He is the co-founder of Singapore Fintech Association & ASEAN Fintech Network, galvanizing startups in the ecosystem with educational institutions, investors and regulators across the world.

Lillian Koh, Ph.D

Founder, CEO, Fintech Academy
Research Director, Curtin University, Singapore
Dr Lillian Koh, Ph.D. is the Research Director at Curtin University, Singapore and is the Founder of the Fintech Academy. She has organized several Fintech Conferences in Singapore including the inaugural International Fintech Conference in Vietnam in 2019. After serving 17 years at the Ministry of Education Singapore and another 17 years at the Nanyang Technological University, she founded Fintech Academy. She also spearheads the Healthcare Fintech Alliance (HFA) together with Pfizer and Alibaba Cloud. She is Advisor to the Institute of Blockchain Singapore.

CONTACT US

FREQUENTLY ASKED QUESTIONS

What format is Singapore: The Fintech Nation available in?

Singapore: the Fintech Nation is available in Paperback, Hardcover and eBook. Contact us to indicate your interest.  We will notify you once the different formats are published.


Where can I buy Singapore: The Fintech Nation?

We are pleased to accept pre-orders for paperback via Lazada. Once Singapore, the Fintech Nation is available, customers residing in Singapore and Hong Kong can purchase the different formats from McGraw Hill eCommerce Store Singapore and Hong Kong respectively. You can also purchase the paperback and hardcover from leading bookstores such as Kinokinuya Singapore. For other international orders, contact us by filling up this form.


I have other questions. How can I get assistance?

Please reach out to us.