Although the title sounds grandiose, it is not hyperbole to say that Fintech is as a cross-roads in Asia. For the past few years, low-interest rates and asset bubbles have driven fintech valuations across the globe higher, and Asia is no exception. However, inflation, rising interest rates, and VCs’ shift to ‘risk-off’ investment strategies brings pause to what has been an incredible run-up in all things Fintech including crypto. In a recent report from Kapronasia and Elevandi, we look at how the nature of fintech is changing, especially in growth markets.
Growth markets remain a crucial element of the FinTech story in Asia as the combination of technology, and the financial industry have created new solutions for both financially included and excluded individuals and businesses.
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