Around 59 per cent of firms reported no talent shortfall, while 21 per cent of respondents reported a 0 to 25 per cent shortage across 13 unique roles, including business development, compliance and hardware development positions.According to the poll, the average fintech firm in Singapore employs 10.8 people.
Fintech refers to the use of innovative business models and technology to provide, enable and enhance financial services such as payment and fund transfers. These solutions are not limited by geographical borders. According to recent research by global professional services firm EY, Singapore's fintech adoption has nearly tripled in just two years.
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