PayNow’s Development and Gen2 Upgrade Directions
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On November 11, 2026, Fintech News Singapore reported on PayNow’s development, citing the *Singapore Fintech Report 2026*. The report said that more than nine in ten adults in Singapore had registered for PayNow, and transaction value reached S$154 billion in 2025. It also reviewed 29 regulatory developments over the year and outlined four areas for improvement in PayNow Gen2, although the report did not list the specific improvements. In addition, the report presented the industry breakdown of Singapore’s 505 fintech companies.
AI-written from reports · updated 1 hour ago
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- Fintech News SingaporeSingapore FinTech Report 2026: More than 90% of adults registered for PayNow—what comes next?
The Singapore FinTech Report 2026 reviews the development of fintech in Singapore, noting that more than 90% of adults have registered for PayNow and that transaction value reached S$154 billion in 2025. The report tracks 29 regulatory developments over the year, outlines four areas for improvement in PayNow Gen2, and maps the industry distribution of Singapore’s 505 fintech companies.
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