The Monetary Authority of Singapore (MAS) is looking to back the Fintech industry in Singapore. Grants and collaborations with Fintech startups and traditional players like the big financial institutes.
Good infrastructure and connectivity plus the financial industry has always been one of Singapore's main industry with plenty of support from the government. Abundant workforce and plenty of opportunity to network with venture capitalist or angel investors.
Some cons would be the cost of living and maybe adapting to a new culture?
If you are looking for a Fintech startup maybe try Singapore? Maybe bring your Steem powered ideas to Singapore?
Here is the news article:
http://inc-asean.com/why-is-singapore-backing-the-fintech-revolution-because-it-can/
If you are interested in starting up a business in Singapore:
https://www.smeportal.sg/content/smeportal/en/home.html/
Some grant information:
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