The Future of Southeast Asia’s Digital Financial Services

Today, over 70 percent of adults in Southeast Asia lack sufficient access to financial services, while millions of small and medium-sized enterprises (SMEs) in the region face large funding gaps.

These factors present opportunities for the Digital Financial Services industry, which could potentially meet these banking needs through the application of technology and data. The industry is currently worth US$11 billion but could generate up to US$60 billion by 2025.

What’s in the Report?

• Details of the five key verticals of the Digital Financial Services industry: Payments, Remittance, Lending, Insurance and Investments
• Analysis of the unique, diverse and fragmented financial services landscape in Southeast Asia
• The banking needs of three distinct Southeast Asian customer segments: the banked, underbanked and unbanked
• Opportunities in the region and factors needed for the Digital Financial Services industry to meet its full potential

Learn more about how Southeast Asia’s Digital Financial Services sector has evolved by downloading the full report.

This research forms part of the e-Conomy SEA 2019 report, which covers the broader Internet economy in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.