Spring is a time of new beginnings, and DemystData’s Asia Pacific headquarter moved to the vibrant Tanjong Pagar area. DemystData will be close to a range of fast growing players across diverse industries, including marketing, PR, and design.

It’s a good time to be working in fintech in Singapore. The country has been enjoying a steady flow of publicity as the new leading fintech destination for quite some time. The mainstream view seems to point to a nation on the rise in the race to the top of global fintech hubs, and well ahead of its Hong Kong rival for APAC dominance. The most recent study published by Deloitte even ranked Singapore as number one on its fintech hub list, alongside London.

Combining a friendly “regulatory sandbox” for small-scale experiments and significant government funding, the state has successfully repositioned itself as Asia’s capital for financial technology. With 200 banks located on the island and 12.6% of its GDP relying on finance, the country is betting on stirring fintech innovation in support of its mainstream banking community rather than in opposition — keeping the best of both worlds by boosting “enabling” rather than “disrupting” technologies.

DemystData is proud to be contributing to the country’s vision by making headway in the big data space. The office will also accommodate our recently announced Center of Excellence, which will serve to build up capabilities in data science and engineering, develop best practices in leveraging big data, and champion talent development for the fintech industry.

Come visit our new office soon and stay tuned for more spring updates.

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