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SEA’s BNPL Market Projected to Exceed USD 50 Billion by 2027

SINGAPORE: According to UnaFinancial’s estimates, by 2023, BNPL had been adopted by 20.6% of adults in Southeast Asia. In Singapore, its adoption reached 31.3%, in the Philippines – 27%, and in Malaysia – 24.4%. Indonesia, Vietnam, and Thailand follow, with approximately one-fifth of adults in each country opting for BNPL. Collectively, the Philippines and Indonesia accounted for two-thirds of the region’s BNPL users in 2023, underscoring their central role in Southeast Asia’s BNPL landscape.

20 November 2024

AI Fintech Firms in Asia Expected to Attract $65B by 2025

Artificial Intelligence-powered fintech companies in Asia are expected to raise $65 billion in funding by 2025. According to the latest research, recent developments suggest that AI-fintech firms could face unprecedented growth in the region.

23 October 2024

South Asia, SEA rank high in potential for fintech lending in Asia: Study shows

South Asia stands out with 43 incubators for alternative lending firms and 118 funding rounds in the industry, making it the leading region in fintech investments and startup activity

26 September 2024

Cybersecurity emerges as key driver of FinTech growth worldwide

A recent study from UnaFinancial has identified cybersecurity as the most influential factor driving the development of FinTech worldwide, with a 63% significance. The second most impactful factor is the average hourly wage rate, with a 13% significance.

17 September 2024