SDG Detail

Why Southeast Asia is the next hotspot for fintech

Initiative

Project description

Financial technology (fintech) is one of Southeast Asia�s fastest-growing digital sectors. Despite limited access to traditional banking services, the adoption of smartphones and the growth of e-commerce have led to an increase in the use of digital financial services in the region. And while the adoption of fintech was on the rise before COVID-19, some 60 million new consumers joined Southeast Asia�s digital economy during the pandemic alone.

Project aims

Project outcome

Related SDGs

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