Fintech development continues to push forward with some estimates stating that investment into fintech investment whether it be via venture capital, private equity and M&A was at US$111.8 billion globally in 2018, more than double the amount in 2017 based on data from KPMG’s The Pulse of Fintech report 2018. In Asean, Singapore has rapidly established itself as a fintech hub leading the way when it comes to investment and financial regulations supporting the industry.