Tag "digital lending"

Southeast Asia’s Underbanked Consumers and Businesses Embrace Alternative Financing Platforms

In Southeast Asia, digital financial services are contributing to advancing financial inclusion for both individual and business users, oftentimes arising as the last resort to secure much need financing, according to a new report by the Cambridge Centre for Alternative

Read More

Top 5 Transformative Fintech Spaces to Watch in 2023

Unlike a lot of the next-generational technology that have thus far failed to live up to their full purported transformational abilities, the disruptive potential of financial technology (fintech) has been more evident in numerous practical use cases. And in 2023,

Read More

New Report Assesses Digital Lender Impact on Southeast Asian MSMEs

In Southeast Asia, micro, small and medium-sized enterprises (MSMEs) are the backbone of the economy, making up for 97%-99% of the region’s total enterprises and contributing between 52% and 97% of total employment. Yet, despite their centrality to national economies,

Read More

Fintech Adoption Surges in Southeast Asia, Led by Digital Payments and Online Lending

Usage of digital financial services is witnessing strong growth in Southeast Asia this year, a trend mostly driven by digital payments and digital lending adoption, according to the eConomy Southeast Asia Report 2021. The annual report, produced by Google, Temasek

Read More