In recent years FinTech, has grown tremendously and is making its presence felt across the globe. The Singapore FinTech Consortium presents our slide deck: Introduction to FinTech to give you a sneak preview of our research in the local & global landscape. If you are keen to learn about P2P Lending, please view our slide deck at: http://www.slideshare.net/SGFinTech/singapore-fin-tech-consortium-intro-to-p2p-lending If you would like to receive a pdf copy of any of our slide decks, please drop us an email at info@singaporefintech.com and we'll be happy to oblige. For more information about us and our service offerings, please visit our company website at www.singaporefintech.com.

1. Introduction to FinTech
In Singapore
May 2015

2. 1
“FinTech is the delivery of innovative financial products
and services through the application of technology, to
make financial systems more efficient.”
Defining FinTech

3. Global Views on FinTech
“Tech companies all want to eat our lunch.
Every single one of them is going to try”
Jamie Dimon, CEO of J.P. Morgan
“Banking is heading towards its Spotify moment “
Peter Sands, Group Chief Executive of Standard Chartered Bank
“Fintech’s ability to improve or even disrupt
the banking sector is impressive and will
certainly impact the financial sector”
D. Horn, Dr. P.C. Geerts, Dr. J. Coolen
“Banks are the Kodaks of the 21st Century”
Unnamed FinTech Startup, The Economist
“Our credit assessment looks to the
present and the future, not just the past”
Mike Cagney, Founder of SoFi
“The declining cost of information-gathering is
pushing consumer credit the way corporate
credit has gone over the past three decades”
Hans Morris, Board Member of Lending Club
2

4. Global Views on FinTech
“Within five years, half of today’s smartphone users
will be using their phones and mobile wallets as their
preferred method for payments”
Peter Olynick, Carlisle & Gallagher Consulting Group
“Fintech is changing the finance sector just like the Internet
changed the written press and the music industries“
Philippe Gelis, CEO of Kantox
“Banking is not being reinvented, but it is going digital”
Deutsche Bank Research
“If you want to come up with a new product in a bank, any
one of 50 people internally can shoot it down. If you’re a
startup, you can go visit 50 Centure Capitalists and you
only need one of them to give a green light”
Tonny Thierry Andersen, Head of Retail at Danske Bank
“As we move further into digital experience, the next
decade will be even more disruptive than the one we saw
in the recent economic downturn. There will be blood”
Bradley Leimer, Head of Innovation at Santander Bank
“While 93% of mobile banking users check their balances on their
mobile devices, only 44% use the device to make payments”
CDW Financial Services
3

5. Global FinTech Landscape
Retail Investments Consumer Banking
Financial Research
Global FinTech consists a wide array of Verticals…
4
Lending
Personal Finance
Payments
Institutional InvestmentsRemittances
Equity Financing
Banking Infrastructure

6. 5
Singapore is Strategically Best Positioned…
Key Foundations in Place
• Ranked 4th Global
Financial center
• Established reputation of
trust and quality for
• Private Banking
• Foreign Exchange
• Commodities
Trading
• Investment Banking
• Asset management
Global Financial Center
• Regional HQs for most of
the largest software
companies
• Highly developed
technology infrastructure
• Pool of excellence:
Education hub with
recognized universities &
business schools
Technology Hub
• Finance and technology
are of strategic
importance for Singapore
• Significant support for
innovation through
multiple public & private
initiatives
• Launchpad @ One-North
Strategic Interest
Regional impact
and global
reach
… for Singapore to Become a Global Leader in FinTech

7. 6
Singapore Factsheet
A vibrant city-state located in the heart of Asia, Singapore offers investors an
unparalleled access to global markets and the emerging economies in the region.
With strong legal and financial systems backed by an efficient government,
Singapore is a stable environment for business expansion and investments.
3rd Most Globalized Economy
4th Global Financial Centre
Only Asian Country with Triple-A Rating
Operational HQ > 200 Banks
Over 700 Financial Institutions
US$2 Trillion Asset Size
5.5% of Workforce in Financial Sector
12% of GDP from Financial Industry
#1 For Ease of Doing Business Globally
#1 Best Labor Force Globally
#1 Largest FX Centre in Asia Pacific
#1 Most Politically Stable Country in Asia
#1 For Quality of Life in Asia
#3 Wealthiest Nation Globally
153% Mobile Population Penetration Rate
187% Wireless Broadband Penetration Rate

8. 7
Financial Training / Games Finance Research/Analytics
Lending
Retail Banking/Investments
Institutional Investments
Singapore FinTech Landscape
Personal Finance/WealthPayments / Remittances Banking Infrastructure

9. 8
Personal Banking – Unbundled
Personal Banking
Banking
Services /
Infrastructure
Investments /
Wealth
Management
Credit
or Loans
Payments /
Remittance /
Forex
Financial Planning &
Advisory
Brokerage
Insurance
Online Banking
Managed
Portfolio
Crypto-currencies
Personal Loans
Mortgages / Home
Equity Loans
Student Loans
Credit Line
Payments
Checking Account
Credit Card
Forex
Remittance
Wire Transfers
Trading Wealth Management

10. 9
Personal Banking – Unbundled
Personal Banking
Banking
Services /
Infrastructure
Investments /
Wealth
Management
Credit
or Loans
Payments /
Remittance /
Forex

11. 10
Business Banking – Unbundled
Credit Card Processing
SME Payroll Management
Payments
Forex
Wire Transfers
Data / API
Business Banking
Banking
Services /
Infrastructure
Payroll/
Accounting
Services
Credit
or Loans
Payments /
Forex
Working Capital
Lead-Generation
Finance &
Borrowing
Credit Line
International Business
Accounting
Services
Trade Finance
Online Banking

12. 11
Business Banking – Unbundled
Business Banking
Banking
Services /
Infrastructure
Payroll/
Accounting
Services
Credit
or Loans
Payments /
Forex

13. Government
Venture Capital (Series A & Above)
Venture Capital (Early Stage)
Coworking Space
Accelerators
Networking Events
12
Singapore Startup Ecosystem

14. Contact
Singapore Fintech @ Tanjong Pagar
26 Duxton Road
Singapore, 089490
Singapore Fintech @ One-north
Ayer Rajah Blk 79
Singapore, 139995
www.singaporefintech.com
info@singaporefintech.com
Gerben Visser
Co-Founder & Director
Daniel Chia
Co-Founder & Director
Prakash Somosundram
Co-Founder & Director
Jose Camacho
Co-Founder & Director
Luke Cheang
Bus Dev Intern
Shana Lim
Bus Dev Intern
Jordon Yuen
Bus Dev Intern
Subbu Subramaniam
CTO
13