The inclusion of a country’s population into its banking and financial system varies greatly across Southeast Asia. A well developed financial system makes some countries profit from the convenience of financial services, while opportunities arise to expand financial inclusion in less developed countries.
Mobile finance innovation in the Philippines [video]
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.