The Asia-Pacific region will become the world’s top fintech market by 2030, with a projected compounded annual growth rate of 27%, Boston Consulting Group's Reimagining the Future of Finance report shows. — Bloomberg
FINANCIAL technology (fintech) has disrupted the financial services industry for nearly two decades now and while the last era of fintech growth was led by payments, going forward business-to-business (B2B) and B2B to any end user (B2B2X) will lead.
The Asia-Pacific region, historically an underpenetrated market with strong incumbents and large revenue pools (nearly US$4 trillion or RM17.8 trillion), is poised to outpace the United States, says Boston Consulting Group in its report on Reimagining the Future of Finance.
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