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The Next Big Opportunity in Fintech is Here

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Discussing the future of fintech in the region at InnovFest UnBound 2016, a digital technology conference organized in Singapore, a panel of experts said Asia’s appeal lay in several factors: first, it was a relatively new market, hence there were fewer competitors as compared with the U.S., which remains the largest fintech market.

Second, the region had a sizable population that still lacked access to traditional means of banking, but had more than 1 billion mobile users. The number was expected to grow in the future, particularly in under-penetrated, populous markets such as India and China.

For more on this story visit the following link: The Next Big Opportunity in Fintech is Here

Source: CNBC

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