Southeast Asia fintech opportunity pushes startup valuations further up

Southeast Asia’s large population of unbanked and growing Internet penetration make it a hotbed for fintech innovation and an attractive market for e-wallets and neobanks.

Despite currently lagging behind more developed markets like Australia, the US and the UK, the region is set to leapfrog in digital infrastructure and will see a slew of fintech-only unicorns being birthed within the next decade, says Golden Gate Ventures, a Southeast Asia-focused venture capital (VC) firm.

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