On 25 November 2022, the UK and Singapore reached an agreement on a new Memorandum of Understanding (MoU) boosting FinTech trade and cooperation at the seventh UK-Singapore Financial Dialogue in Singapore.

The UK and Singapore have agreed on a MoU on the UK-Singapore FinTech Bridge. The FinTech Bridge seeks to support continued growth, investment and technological innovation in this sector, building on the active interest of FinTech players in the areas of payments, RegTech and wealth management.