
Navigating the Future of Fintech in Asia
Although fintech has been a global phenomenon, nowhere has the combination of finance and technology been as impactful as in Asia. This report examines some of the key fintech trends that have been re-shaping Asia’s financial industry thusfar as well as examine the trends that will shape the future.
Against this dynamic backdrop, the Asia Pacific fintech industry faces a changing future. New technologies and business models will continue redefining the possible while regulators and market participants struggle with thorny issues and questions. Collaboration appears set to gain priority over competition in this ecosystem driving global change. Despite this, the region will remain at the forefront of fintech development globally as fintechs, financial institutions, regulators, and the ecosystem as a whole work to make financial services better for both the financially excluded and included. Although challenges lie ahead, so might the bright future of fintech in Asia.