Fintech companies have been trying for more than 10 years to build products, from payment, money transfer to loans to serve their customers.
In Hong Kong, virtual banking is bringing in new opportunities to serve the financially underserved, a segment new entrants including WeLab Bank, Airstar Bank,..., are actively pursuing.
The Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) and established to support the growth of the fintech industry in Qatar
Investments in fintech companies in Asia-Pacific grew 9.1% to US$1.4 billion in the second quarter of 2020 when compared with the first quarter.
Indonesia, the largest economy in Southeast Asia and the eighth largest in the world in terms of purchasing power parity, has become one of the fastest growing fintech markets in the region.
The fintech industry has been growing steadily in Vietnam, fueled by increasing smartphone and Internet penetration, the country’s young population, and its rising middle class.