The leading minds of Singapore’s financial technology (fintech) ecosystem came together yesterday in a tour-de-force of discussions centering around the most innovative technologies disrupting Asia’s financial services sector.
FinTech Global Summit Singapore 2017, organised by private investment firm Marvelstone Group and held at LATTICE80 fintech hub in Singapore’s central business district, took place just a stone’s throw from the regional headquarters of some of Asia’s and the world’s largest financial institutions.
The full day of talks attracted an audience of hundreds from the heart of the financial and technology community, with high-profile stakeholders from both the public and private sector turning out in force to gain insight into Asia’s rapidly-evolving fintech landscape.
Attendees from GIC, Singapore Stock Exchange (SGX), Singapore FinTech Association, among other leading financial bodies came to network and listen. Also in attendance was regional news media from ChannelNews Asia, The Straits Times, The Business Times, Nikkei Asian Review, Inc Southeast Asia, Deal Street Asia, e27, and Coconuts Media.
Topics tabled for panel discussion included raising capital (crowdfunding versus venture capital), Big Data, the rise of robo-investors, mobile payments, cybersecurity, and the regulatory environment.
A highlight keynote by Neal Cross, Chief Innovation Officer at DBS Bank, revealed the extent of the challenges and opportunities faced by the world’s largest financial institutions in the digital age.
In their panel on Crowdfunding over Venture Capital and other Additional Sources of Funding, Joji Thomas Philip (Founder & Editor-in-Chief of Deal Street Asia) discussed the topic at length with Eddie Lee (CEO of New Union), Vikas Jain (Director at Funding Societies), Wong Joo Seng (Founder & CEO of Spark Systems), and Leo Shimada (Co-Founder and CEO of Crowdo).
“Fostering a strong sense of community within the fintech world has always been the vision behind Marvelstone Group’s activities,” said Gina Heng, CEO of Marvelstone Group.
“We started off as a private equity business at the core, but soon dived into complementary businesses to facilitate the building of knowledge, relationships and strength,” said Joe Seunghyun Cho, Chairman of Marvelstone Group.
“This, I believe, will provide enhanced value to our partners, investors, companies we invest in, and other key stakeholders. FinTech Global Summit in Singapore is a culmination of all these ideas and we are extremely pleased to have brought the ecosystem together in this way,” he added.
The event was held in partnership with IBM, Osborne Clarke, Spark Systems, JEDTrade, TransferTo and Finalytix. Singapore Fintech Association (SFA) supported the summit as a strategic partner, while LTP was the knowledge partner and Deal Street Asia the media partner.