When it comes to fintech in South Asia, India has long dominated, whether in terms of overall investment, unicorns, or the broader ecosystem. While India will no doubt remain the biggest player in the region for the foreseeable future, its neighbors have an increasing number of market opportunities.
Indeed, Pakistan and Bangladesh have two of the world’s largest unbanked populations, and Nepal, while much a smaller market, is nonetheless also increasingly developing its fintech ecosystem. The payments segment in growing fast in all three countries, while digital banking is ascendant in both Pakistan and Bangladesh.
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