Right First, Fast Later
In the long-term scheme of things, it doesn't matter who came first; instead, who did things the right way. Singapore's economic and fintech policies are a unique example of balancing social welfare with economic development.
System of economics to let market forces define the majority of outcomes, while a progressive government develops the broader structure of guidelines and policy investments to enable innovation and competition to develop further.
Unlike the international model of advocating disruption, Singapore practices a conciliatory approach of picking vital focus areas of innovation & then providing all possible resources to nurture them like a compassionate gardener.