Young, tech-savvy, unbanked: Southeast Asia ripe for digital finance

Young, tech-savvy, unbanked: Southeast Asia ripe for digital finance

e27.co·2024-05-08 12:04

Often overshadowed by neighbouring economic powerhouses like India and China, the market and business potential for financial services in Southeast Asia is often overlooked. India’s own experiment in digital lending and financial inclusion is directly applicable to Southeast Asia — widespread internet and smartphone adoption, a large population underserved by formal credit institutions, and the creation and consumption of big data.

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