KPMG has announced it will launch an embedded finance hub in Singapore.
In Brief:
The hub will run for two years, and incubate over 120 enterprises.
These will be within and outside of the financial services space.
The focus will be on payments, blockchain and lending and companies wishing to enter the embedded finance sector will be supported.
What does this mean?
KPMG will share best practices and venture acceleration support, as well as enabling startups to trial their projects and gain feedback from their peers.