Fintechs accelerate global expansion with IFC partnerships
About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.
Nearly all fintech leaders in Singapore (95%) now see cross-border expansion as critical to their growth strategy, according to BVI Finance’s Destination Digital report.
One key trend emerging from the research: fintechs are already executing their global strategies through specialist jurisdictions.
About 63% of respondents said their companies currently operate through entities in International Financial Centres (IFCs)—highlighting how cross-border structuring is already embedded in many business models.
Executives cited access to international markets as their top consideration when selecting jurisdictions. Meanwhile, access to funding and regulatory compliance pressures—each flagged by roughly 28% of respondents—remain key challenges shaping where and how firms expand.
The report also highlighted Singapore’s strong adoption of distributed ledger technology. About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations, a signal of the city’s maturing digital finance infrastructure.
The findings suggest that cross-border scale is now a near-universal strategic priority among Singapore fintech leaders
With funding access, market reach, and regulatory flexibility top of mind, many firms are increasingly turning to IFCs to structure their regional or global growth plans.