Fintech’s Fast Growth in SE Asia Attracts Consumers And Investors
In The Last Decade Fintech Provided Access To Banking For Millions Of Southeast Asians
September 3, 2021--Consumer and investor activity in e-commerce is disrupting the way transactions take place across the globe and reaching Southeast Asia’s massively underserved populations without access to formal banking or credit institutions.
As the pandemic evolves and economies reopen, the result is a boom in e-commerce investment in the area is booming. Meanwhile, it is further supported by local governments.
Today Southeast Asian economies are primed hotbeds for financial technology, also known as fintech, and investors are taking notice.
What Is Fintech?
Fintech is an emerging class of technology that supports banking and financial services. This ranges from cryptocurrency to e-w...