💯 Asia to Lead the Global Fintech Market

💯 Asia to Lead the Global Fintech Market

According to a study by the Singapore fintech UnaFinancial🇸🇬, Asia is leading the fintech transaction volume, and by the end of 2025, it will account for nearly half of the global total.

🔴 In 2024, the fintech transaction volume reached 16.8 trillion USD, an increase of 2.1 trillion USD compared to the previous year.

🔴 The Asian market is expected to grow to 18.9 trillion USD by the end of this year, representing a year-on-year increase of 12.6%.

🔴 This will account for approximately 47.1% of the global volume, which is projected at 40.1 trillion USD.

🔴 The expansion of the fintech sector in Asia has been driven by the development of digital banking, widespread use of smartphones, and the adoption of "super apps" integrating digital wallets, BNPL, and e-commerce, in an environment of limited access to traditional banking.

🔴 The digital investments and wealth management sector has shown the highest growth, with an average annual rate of 92.1% between 2010 and 2024.

🔴 Government policies have been a key factor in the consolidation of digital banking in the region.
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