findexable’s Post

𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐢𝐧 𝐀𝐬𝐢𝐚: 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐧𝐠 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐅𝐮𝐭𝐮𝐫𝐞 🔵🔴🟢 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘳𝘦𝘱𝘰𝘳𝘵 "𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗮𝘁 𝘁𝗵𝗲 𝗦𝗽𝗲𝗲𝗱 𝗼𝗳 𝗔𝘀𝗶𝗮" 🔰 𝐑𝐞𝐚𝐥-𝐓𝐢𝐦𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐀𝐬𝐢𝐚 Nearly every #Asian country has implemented real-time domestic payments, with #India's UPI processing over 11 billion transactions worth over US$190 billion in October 2023 alone. 🔰 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 The unmet demand for financing in the #MSME segment globally is valued at US$5.2 trillion, representing 19% of the GDP in surveyed developing countries. 🔰 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 Fintech startups are embedding lending into consumer lifestyles, as seen with #Australia's Douugh which integrates micro-savings and loans into everyday transactions. 🔰 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐁𝐚𝐧𝐤𝐬 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 Digital banks in Asia are revolutionizing retail banking, with models ranging from app-based experiences to integrated platforms offering a range of financial services. 🔰 𝐖𝐞𝐚𝐥𝐭𝐡𝐭𝐞𝐜𝐡 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 Platforms like Ant Group’s Yu'e Bao are democratizing wealth management with easy investing options, benefiting a digitally native generation in Asia. 🔰 𝐈𝐧𝐬𝐮𝐫𝐓𝐞𝐜𝐡 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 Companies like Malaysia's VSure Group, #Japan's Finatext, and Bolttech are reshaping insurance in Asia with innovative products and approaches. #FintechAsia #DigitalBanking #InsurTech #SMEFinancing #WealthTech #MobilePayments #DigitalTransformation #QuantumComputing #CyberSecurity #FinancialInclusion #PaymentSolutions #FintechTrends #Blockchain #ConsumerLending

At the Global fintech fest (GFF)Prime Minister says, -You have seen how we have brought transparency in India through digital technology. -Today, direct benefit transfer is done under hundreds of government schemes. -This has eliminated leakage from the system. -Today, people see the benefit of joining the formal system. -The transformation that has come in India due to Fintech is not limited to technology alone. -Its social impact is very wide. -This has helped in bridging the gap between villages and cities.

Efi India's fintech journey is just beginning. Beyond UPI, the goal is a fully interconnected digital economy that empowers every citizen. With ONDC reshaping e-commerce and ULI redefining access to credit, India is ready to lead the next fintech wave. Imagine seamless digital lending, AI-driven services reaching every corner, and transactions driving growth and inclusion. With only 5% of the population exposed to equity markets and credit card penetration at 100 million, the potential is immense. India’s vision is bold: to lead the global fintech landscape, transforming systems and lives. The best is yet to come!

Vietnam's Cashless Future is Here! Cashless transactions are surging, with a remarkable 63.3% increase in volume and a 41.45% growth in value compared to last year. Young consumers are embracing digital payments, leading the charge towards a cash-free society Now is the time to explore the booming FinTech scene in Vietnam. #JDI #LaunchJDI #DigitalTransformation #Fintech #BusinessExpansion

I attended the Future Fest round table on Fintech organized by DigiTrends. The participants included the Head of Digital Payments and the Visa Card Country Head CEOs of tech firms, foreign investors, and more. The session began with participants sharing their experiences regarding the digital adaptability of different segments in Pakistan. Several hurdles were pointed out, notably the low number of digital transactions compared to India, where 70% of payments are conducted digitally. A participant highlighted that the Indian government provides subsidies by covering expenses instead of passing on charges to users. There was emphasis on creating a conducive environment for the general public to learn digital payment systems, aiming to discourage cash transactions. Suggestions were made to introduce digital payment systems at the grassroots level, allowing the younger generation to become familiar with technology and manage small expenses under parental control. This, it was argued, would help instill technology awareness in future generations. Many issues were raised, mostly related to the State Bank of Pakistan (SBP), although no one was present to address them. Foreign investors shared their perspectives, mentioning cashless transactions through mobile app solutions in their respective countries. The overall conclusion emphasized the need to encourage digitalization of payments to reduce cash dealings and control operational cost. #fintech #futurefest #digitalization

𝐕𝐢𝐞𝐭𝐧𝐚𝐦𝐞𝐬𝐞 𝐆𝐫𝐚𝐝𝐮𝐚𝐥𝐥𝐲 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐍𝐨𝐧-𝐂𝐚𝐬𝐡 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 🔍 In 2024, 56% of Vietnamese individuals carried less cash compared to the previous year. 💡 Non-cash transactions saw a significant increase, with a 63.3% growth in volume and a 41.45% growth in value compared to 2023. 📲 The use of QR codes and digital wallets (e-wallets) for daily transactions has become increasingly widespread. 📊 Young consumers are leading the transition to cashless payments, with 89% successfully adopting cashless methods. 📈 It is projected that there will be 50 million active digital wallets in Vietnam this year! ----------------------------------------------------- 💥 Eager to tap into Vietnam's booming FinTech scene? Connect with Launch JDI today! ✨ As the leading market expansion partner, we leverage our local networks, expertise, and resources, to facilitate your entry into the Vietnamese market. 🚀 Explore how we can help you here: https://lnkd.in/dfCKyTjn #JDI #LaunchJDI #BusinessExpansion #Vietnam #DigitalPayments #FinTech #Cashless #Ewallets

There's not a shortage of fintech companies in the UAE, but Dubai's rapid growth and focus on innovation offer lots of opportunities for new players. The supportive government policies, strong infrastructure, and access to diverse markets make the region attractive. While the fintech scene is already growing, there's still plenty of room for innovative companies. With strong investor interest and favorable regulations, Dubai is an ideal hub for fintech companies looking to expand. The recently concluded Dubai Fintech Summit 2024 was very well attended. #DigitalBanking #BlockchainTech #DubaiStartups #TechEcosystem #bettroibytes

𝐕𝐢𝐞𝐭𝐧𝐚𝐦𝐞𝐬𝐞 𝐆𝐫𝐚𝐝𝐮𝐚𝐥𝐥𝐲 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐍𝐨𝐧-𝐂𝐚𝐬𝐡 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 🔍 In 2024, 56% of Vietnamese individuals carried less cash compared to the previous year. 💡 Non-cash transactions saw a significant increase, with a 63.3% growth in volume and a 41.45% growth in value compared to 2023. 📲 The use of QR codes and digital wallets (e-wallets) for daily transactions has become increasingly widespread. 📊 Young consumers are leading the transition to cashless payments, with 89% successfully adopting cashless methods. 📈 It is projected that there will be 50 million active digital wallets in Vietnam this year! ----------------------------------------------------- 💥 Eager to tap into Vietnam's booming FinTech scene? Connect with Launch JDI today! ✨ As the leading market expansion partner, we leverage our local networks, expertise, and resources, to facilitate your entry into the Vietnamese market. 🚀 Explore how we can help you here: https://lnkd.in/dfCKyTjn #JDI #LaunchJDI #BusinessExpansion #Vietnam #DigitalPayments #FinTech #Cashless #Ewallets

The Egyptian Fintech landscape is a vibrant ecosystem brimming with innovation. Here are some of the key segments driving this growth: #MobilePayments: Making payments on the go is becoming the norm, thanks to mobile wallets and contactless solutions. #AlternativeLending: Fintech startups are offering new loan options for individuals and businesses, often leveraging data analytics for faster approvals. #InsurTech: Technology is transforming the insurance industry, with innovative products and streamlined claims processes. #RegTech: Fintech solutions are also helping financial institutions comply with regulations more efficiently. #WealthTech: Investing is becoming more accessible through user-friendly platforms and automated investment solutions. World wide #fintech segments diagram

The future of fintech is here, and it's all about super apps! 🚀 As digital ecosystems evolve, super apps are transforming the way we interact with financial services, combining payments, banking, transportation, and more—all in one platform. In regions like Dubai and MENA, super apps are leading the charge, with projected growth of over 23% by 2027. 📈 Businesses are quickly adopting these platforms to offer seamless services and stay ahead of the curve. As embedded finance becomes the backbone of digital transformation, super apps are creating integrated, efficient, and user-friendly experiences. Curious about how super apps are reshaping the future of fintech? Read our blog for deeper insights. Link:- https://lnkd.in/ghRwfdkN #Fintech #SuperApps #DigitalTransformation #EmbeddedFinance #MENA #Innovation #GitexGlobal #AIEverything2024 #GlobalDevSlam #FutureBlockchainSummit #FintechSurge #ExpandNorthStar2024 #GitexImpact #Gitex2024 #ESCIndiaPavilion #LDTechnology Purvi S. prerna aggarwal Ajay Dhiman Biswajit Naskar Abhijeet Singh