MAS reviews venture capital regulations to lure in startup funding
It’s trying to liven up the fintech startup scene.
According to a report by Bloomberg, Singapore is reviewing the rules for vanture capital companies as it attempts to attract more capital to the city-state's fintech startups.
While Singapore can go head to head with other fintech hubs like Silicon Valley, London, or New York in terms of startup activity and innovation, the Lion City is still playing catch-up when it come to firms' access to funding, shared Ravi Menon, managing director of the Monetary Authority of Singapore.
Read the full report here.
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