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Singapore payments scene grows, with around 150 firms getting licences from MAS
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Fintech firms will need to step up their game as the payments scene becomes more saturated, said observers.
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SINGAPORE – The local payments scene is expanding fast despite the uncertain economic climate, with more fintech firms winning licences that will let them grow their businesses.
There are vast opportunities for these firms in the small and medium-sized enterprise (SME) market but players will need to step up their game as the industry becomes more saturated, said observers.
