The spread of the digital disruption to more and more sectors does not spare banking and finance. In Thailand, the emergence of a new generation of financial technology – FinTech – startups spurs the development of a complete ecosystem of supporting structures, from funding and regulation to accelerators and events.
Vietnam has a dynamic startup environment with many entrepreneurs and companies engaged in the most promising sectors. And financial technologies – FinTech – have a lot promising applications in Vietnam as the country’s large population can profit from mobile technologies to access a growing number of innovative financial services.
Through e-commerce, online travel booking or media, digital business is currently attracting a lot of interest in Southeast Asia. Set to grow to a total market size of US$ 200 Billion by 2025, the digital economy will expand through a host of startups that launch new technologies in the region’s most promising countries.
With a growing connectivity and a large population that is extremely active online, Indonesia is one of the world’s leading countries for the use of digital technologies. Through Internet, mobile, e-commerce or social media, digital in Indonesia is a very attractive market both for its size and growth potential.
With a large and growing number of Filipinos accessing the Internet, FinTech startups are able to reach people who previously were out of the financial system. New technologies now provide the convenience of digital payments and financial services to people without bank account anywhere in the Philippines or abroad.
Peer-to-peer lending is an alternative form of finance for people and businesses who want to avoid traditional credit institutions. In Singapore, this innovative and direct approach to lending and borrowing spurs a new line of financial services where technologies and trust come together to challenge large banking and finance firms.
The growing number of mobile phone users in Indonesia creates a dynamic landscape of download, purchase and use of mobile applications. In this environment, app developers and marketers can benefit greatly from understanding search habits, monetization strategies and various insights on mobile consumers’ behaviors.
To provide a better access to official data and work towards more transparency, the Philippine government has created a website to centralize the country’s official information and statistics. With this objective, the portal Data.gov.ph allows people and businesses to consult varied, accurate and well-structured data.
The global enthusiasm for entrepreneurship is well represented in Thailand. Benefiting from several intrinsic advantages, the land of smile is now home to a booming ecosystem supporting and revolving around startups and entrepreneurs in the tech sector as well as in several other industries.
Often considered to hamper traditional stores, the development of e-commerce can sometimes actually reinforce them. This infographic summarizes how online and offline commerce grow together in Singapore, pushing shops and malls to provide an enhanced, “omnichannel” experience to consumers.