What Country in APAC Is Going to Be the Next Fintech Hotspot?
At Money20/20 Asia, experts share their thoughts on which country in the Asia-Pacific might become the next big fintech hub. There's no clear winner, but a few countries do stand out.
Singapore remains a key player with its strong international connections and solid enterprise risk industry, making it a safe spot for global companies. Still, many agree that there's more to the region than just Singapore.
India and the Philippines are both making strides. India's size, innovative spirit, and tech-savvy environment give it an advantage. The Philippines is mentioned a lot too, thanks to its fast growth and potential, with some believing it could lead the pack soon.
Malaysia and Indonesia are also brought up in the discussion. One expert picks Indonesia as their top choice, pointing to its big population, better regulations, and growing infrastructure. These elements create a good setting for fintech growth and long-term investment.
Overall, it looks like the entire APAC region is on the rise. Instead of focusing on just one leader, some experts think the real picture is about how different markets – each with their own strengths – are growing together. For those in fintech, it's obvious: APAC is the area to keep an eye on, with the Philippines, Indonesia, and India leading the charge.
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