News

Staff Reporter

, Singapore

Published:

3 years ago

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Photo courtesy of Raysonho (Wikimedia)

KPMG launches embedded finance hub in Singapore

It will run for 2 years and provide incubation support to institutions.

KPMG has launched its first embedded finance hub in Singapore, according to a press release.

The Hub will run for 2 years and is expected to provide incubation support to over 120 non-financial enterprises and financial institutions in the financial areas of payments, blockchain, lending, insurance, and wealth.

ALSO READ: Indonesia’s fintech investments bucks global trend, hits record high in H1

KPMG’s support will involve working with them to co-create digital assets to drive developments for payments gamification of finance, decentralised finance and platforms.

Start-ups can also trial their embedded finance innovations at the hub and receive feedback from the hub ecosystem on how to get their innovations commercialised.

KPMG is currently seeking interest organisations to participate.

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