We explore FinTech opportunities in South East Asia. The discussion focuses on the range of FinTech maturity within the region, the potential threat that external players could pose before we wrap up with a discussion on the opportunities.
In News of the Week, the US government has introduced a new Federal Holiday, Juneteenth to commemorate the emancipation of African American slaves.
Recorded Date: Sunday, June 20, 2021
Time Stamps
- 00:00:18: Juneteenth officially recognized as a Federal Holiday
- 00:01:20: Southeast Asia
- 00:05:26: Singapore
- 00:10:20: Indonesia
- 00:13:40: External Players
- 00:16:52: Are there opportunities in this region?
Highlights
- We have a new last-minute US Federal Holiday, Juneteenth
- Southeast Asia is full of opportunities for FinTech and the vultures are circling around
- 290 out of 675 M people are unbanked in the region, equivalent to the US population
- 40 M people came online for the first time in early 2020 as a result of COVID-19
- Singapore's banks run laps around American and European ones
- Will external players come in and take over South East Asia?
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