Digital banking in SE Asia fast emerging as tech ecosystem play

Photo by Jonas Leupe on Unsplash.

SE Asia’s digital banking space, which has been a hotbed of deal activity, is seeing the emergence of two strong categories of contenders – tech startups with a vast ecosystem to leverage and standalone financial services players. 

The region’s biggest tech companies – Grab, GoTo and Sea – and other startups, as well as commercial banks and financial services players, have been actively investing in the digital banking sector over the past two years. 

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