Following up on our first edition published last year, LATTICE80 presents the complete list of Top 100 Fintech Southeast Asia Influencers who are charting the path for Fintech in the region for 2019.
Southeast Asia is a region that presents booming potential for Fintech right now. After all, the region has a population of more than 640 million people with around 50% of its population under 30 years old. Along with the robust macroeconomic growth the countries are experiencing, the young, digitally-savvy population will help to stimulate middle-class spending, in turn driving demand for financial services.
Due to the nature of the largely underbanked population, the development of this regional ecosystem can be observed in waves – firstly from a rise of payment services, to e-wallets, followed by lending, regtech, and insurtech.
While Singapore leads the way as a Fintech hub, other countries are also making much progress through regional collaborations.
The ASEAN Financial Innovation Network (AFIN), for instance, was launched by the Monetary Authority of Singapore (MAS) in 2018 and aims to support financial services innovation and inclusion in less developed markets within the ASEAN region and to provide a platform for collaboration and innovation for financial institutions and Fintech startups. Also, the governments of Cambodia, Laos, Myanmar, Thailand and Vietnam have committed to work together on a cross-border fund transfer scheme, which is due to be rolled out this year.
We can also increasingly see a mix of Fintechs and corporates who are influencing changes in the ecosystem and acting as an enabler. Another interesting development is also the rise of other digital and e-commerce platforms like Tokopedia, Grab and Go-Jek that are offering related financial services such as payments, loans and insurance both directly, and in partnership with other Fintech players.
In this list, we highlight 100 Fintech leaders in Southeast Asia who are actively involved in growing and developing the ecosystem here. This list of influencers was picked from in-house research and include startup founders, government and regulatory leaders, members of financial institutions, advocacy groups and investors.
Key Highlights from the list
- Of the 100 influencers, 42 are based in Singapore, 12 in Malaysia, 11 in Indonesia, 11 in Thailand, 10 in the Philippines, 6 in Myanmar, 6 in Vietnam, and 2 in Cambodia.
- Also, 62 hold key positions in fintech startups; 25 facilitate innovation partnerships and transformations in corporates such as banks and insurance companies; 9 are enablers leading national fintech associations or accelerator programmes; and 4 are investors who focus their investments into fintech startups and projects.
Congratulations to all these regional fintech leaders charting new territories for Fintech in SEA on this list!
Disclaimer: The list has been arranged in alphabetical and not in rank. Also, in case you think we have missed someone or wish to suggest a correction, please drop us a line on info@lattice80.com.
Disclaimer: The list has been arranged in alphabetical and not in rank. Also, in case you think we have missed someone or wish to suggest a correction, please drop us a line on info@lattice80.com.
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