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News Wire / economy

Southeast Asia Fintech Growth Moderates

CNA938 Singapore Singapore 13d13d Impact 5
Latest research from MONEY2020 suggests the fintech market in Southeast Asia is no longer expanding at its previous rapid rate. This follows a period of explosive growth in the region for payments, transfers, and unicorn company formation.

Topics

fintech Southeast Asia economy

Developing

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Sources · 7 independent

CNA938 Singapore

“The report says that Southeast Asia's fintech market is no longer expanding rapidly but it's maturing into to something more foundation.”

CNA938 Singapore

“no longer expanding rapidly but it's maturing into to something more foundation.”

CNA938 Singapore

“Looking at the numbers, growth in Southeast Asia's fintech scene moderated.”

CNA938 Singapore

“Looking at the numbers, growth in Southeast Asia's fintech scene moderated. but clearly shifting gears now Ian right.”

CNA938 Singapore

“what we are witnessing is a very healthy and necessary of growth at all costs where companies were like burning millions of dollars just to acquire users who never spent a cent, I think now it's officially over.”

CNA938 Singapore

“There are many young people. Right. This is quite prevalent in Southeast Asia. So how can fintech platforms digitize something like this that is so deeply cultural?”

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