Daily BriefsPrivate Markets

Daily Brief Private Markets: ASEAN Fintech Unicorns: Serving the Unbanked and the Underbanked and more

In today’s briefing:

  • ASEAN Fintech Unicorns: Serving the Unbanked and the Underbanked


ASEAN Fintech Unicorns: Serving the Unbanked and the Underbanked

By Shifara Samsudeen, ACMA, CGMA

  • Fintech adoption in ASEAN shows significant potential driven by increased smartphone adoption, internet penetration and a growing middle-class population.
  • More than 70% of population in the region is either unbanked/underbanked, creating a favourable landscape for FinTech enterprises to create solutions and establish market presence.
  • In this Original, we have deep dived into three key fintech players in the region including Coda Payments, Akulaku and GCash operating across some of largest markets in the region.

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