It’s still worth it, say S’pore fintech firms expanding into the US amid tougher times

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It’s still worth it, say S’pore fintech firms expanding into the US amid tougher times
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Entrepreneurs say the risks of being in the US is worth it for the access to a large market, talent and financial institutions. Read more at straitstimes.com.

SAN FRANCISCO — Despite the risks after the Silicon Valley Bank collapse and a drop in venture capital funding, Singapore fintech start-ups entering the United States say that expanding there is worth it for the access to a large market, talent and financial institutions.

“The US is like putting Singapore, Hong Kong and Switzerland together, plus Indonesia. You have the wealthy as well as the developed markets, in addition to a huge population,” said Mr Rony J. Palathinkal, chief executive of GreenArc Capital.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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