FinTech is changing the Financial Services industry from the outside in. The vision of PwC's FinTech Practice is to enable the future of financial services by offering a wide spectrum of services to diverse players within the FinTech ecosystem.
Strategy& is a global team of practical strategists within PwC, committed to helping you seize essential advantage by working alongside you to solve your toughest problems, and capture your greatest opportunities. We support our clients with disrupting and innovating for the future. In doing so, we work with organisations to change their business model and re-envision engagement with consumers/users.
In order to deliver on digital aspirations and recognising that technology and digital innovations are fundamentally necessitating changes, we support our clients in defining how they operate and designing and executing a path forward.
At PwC, our vision is to create meaningful relationships with our clients by powering the next generation digital enterprise. To achieve this, we want to focus on becoming the most innovative and trusted digital advisory and transformation partner for our clients, while re-inventing ourselves into the leading emerging technology and cloud services business integrator in the region.
Our Technology Consulting Team’s approach is to engage with you and bring the best of our global technology capabilities to bear based on our deep industry expertise and understanding of your key business imperatives.
Our FinTech Mergers & Acquisitions (M&A) team has extensive experience necessary to help you navigate through the entire M&A spectrum. Whether you are a tech company venturing in the financial services space or an incumbent financial services player assessing how to respond to the rise of new players, we can assist your transition and integration into the new business by tailoring our offerings to meet your specific needs.
PwC’s Data & Analytics capabilities help executives make their decision-making capabilities faster and more sophisticated. Businesses can create competitive advantage by harnessing the power of data and analytics. PwC works with clients to strike the right balance between mind and machine to leverage data, understand risk, and gain a competitive edge.
Whilst traditional players in the FS Sector may be more cognisant of the rules and regulations they have to comply within the MAS context, new FinTech companies face ambiguity and confusion in navigating the complex and ever-increasing regulations to determine what is required of them for their new innovated products and services offerings. Our Regulatory Response Team provides numerous risk, regulatory and compliance services, which may be relevant for both traditional financial institutions and new FinTech start-ups.
Digital Trust is at the heart of all FinTech propositions. FinTechs are built on the promise that customers can be confident that their information is secure, transactions and services are carried out as promised, regulations are adhered to, and third parties can be trusted. In this increasingly interconnected world, this trust needs to be built into the entire ecosystem.
Find out how our PwC Digital Trust practice can help you build confidence in your FinTech business today.
Every company, including FinTechs, needs to ensure professional corporate reporting and compliance with contractual agreements. As one of the world’s leading global network of assurance firms, and having worked with leading companies listed on Singapore Exchange (SGX), MNCs and emerging companies in Singapore, our Assurance FinTech team are well-equipped to assist you with all your FinTech assurance needs.
As FinTech investments can give rise to a range of taxation issues and opportunities, it is important that tax is considered up-front as part of your FinTech strategy. Our FinTech Tax Team helps organisations manage the tax issues arising in the context of FinTech investments with a wide range of services.
PwC’s Venture Hub provides a single point of access to address challenges and explore opportunities within the venture ecosystem by collaborating with investors and entrepreneurs. To learn more about our specific services, please visit: PwC's Venture Hub or contact our team to find out how we can help you drive your business forward with confidence today.
DeNovo, a FinTech-focused platform powered by Strategy& and PwC, helps decision makers understand the business implications innovation has left behind. By translating data, information, and knowledge into wisdom, decision makers can adopt key strategies that are essential for their business development. To find out more, please visit the DeNovo website.
In a short amount of time, Bitcoin has experienced hyper growth, growing from $1b USD to $45b USD in market capitalisation in just 4 years. Despite its success, few banks and other financial institutions have engaged in this innovative cryptocurrency. The anonymous nature of Bitcoin users and transactions have made it almost impossible for them to satisfy identity based compliance requirements.
To solve this challenge, a consortium consisting of PwC, several leading FinTech startups, working alongside a major global bank and the Monetary Authority of Singapore, developed the ‘Bitcoin Trusted Ecosystem’, a proof-of-concept platform that successfully applied identity to Bitcoin transactions and set the stage for regulatory compliant transactions.