Fintech hype is reaching a crescendo in Asia, as innovators turn to the burgeoning cryptocurrency markets and peer-to-peer lending to lure investors to bet on ideas that could transform the way we live.
But take a step back ... haven't we been here before In the late 1990s, a host of companies promised to take every aspect of life online and investors couldn't get enough, until most of the business models proved uneconomical, and only a handful were left standing.
Is history repeating itself Ravi Menon, managing director at Monetary Authority of Singapore, said he saw the potential for “some collapse in the bubble...
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