article thumbnail

What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. In Southeast Asia alone, 85% of adults are underbanked, translating to approximately 300 million individuals lacking adequate access to financial services. CAGR between 2024 and 2029, reaching nearly US$1.7

FinTech 120
article thumbnail

The Full List of Fintech Unicorns in Asia (2025)

Fintech News

The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money. Out of the unicorns worldwide valued at a combined $4 trillion , a rising share are coming out of Asias fast-moving fintech ecosystem. These include two decacorns from India and China, each valued at over $10 billion.

FinTech 138
article thumbnail

Is Southeast Asia Fintech Funding Drying Up?

Fintech News

A Tracxn Technologies report highlights that the Southeast Asia fintech ecosystem experienced its zenith in 2021, marking the highest annual equity funding in the last decade. A visual overview of the SEA fintech sector’s funding trajectory from 2017 to 2024, showcasing the sharp decline after a record-breaking 2021.

FinTech 117
article thumbnail

Revolut Posts US$1 Billion Profit for 2024, Singapore Marks Profitability Milestone

Fintech News

The post Revolut Posts US$1 Billion Profit for 2024, Singapore Marks Profitability Milestone appeared first on Fintech Singapore. .” Looking ahead, Revolut plans to formally launch its bank in the UK and Mexico in 2025, while seeking over 10 new global licenses and expanding services into markets like India and Brazil.

Posting 100
article thumbnail

Fintech Solutions for SMEs: Unlocking Growth Potential

Fintech Review

Fintech solutions are changing this landscape, offering SMEs tailored tools to overcome these barriers. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.

FinTech 105
article thumbnail

Fintech Platforms in Vietnam Lose Momentum to Bank Apps

Fintech News

In Vietnam, bank-owned apps are rapidly gaining popularity across all generations, outpacing independent fintech platforms like MoMo and ZaloPay, which are seeing a decline in usage and preference, according to a new report by Decision Lab, a Vietnamese market research firm. But most importantly, these platforms popularity increased.

FinTech 113
article thumbnail

Top 6 Fintech Events in Singapore in 2025

Fintech News

Fintech is all about keeping up in a fast-moving industry. In Singapore, where cutting-edge financial innovation meets smart regulations, the fintech scene is buzzing with competition and collaboration. 6 Fintech Events to Attend in Singapore in 2025 1.

FinTech 105