News Snapshot:
Introduction Financial technology companies in emerging Asia could receive increased backing from large Asia-Pacific banks seeking growth in these fast-growing economies. Large Asia-Pacific banks have been avid fintech investors, and we expect them to align their fintech investment strategies with expansion plans in emerging Asia. Lured by the prospects of higher economic and population growth, major Asian banks in mature markets have been expanding their footprints in emerging Asia economies. While some lenders have taken to acquiring local banks to gain a foothold in these markets, many have emphasized a digital focus in their offshore growth strategy. As such, we...
