Asean Fintech Group targets startups in South-East Asia

TheStar Mon, Nov 22, 2021 10:00am - 2 years View Original


In an interview with StarBiz, AFG executive director Lau Kin Wai (pic) said that the fintech sector in South-East Asia is at a “tipping point”, where a lot of transactions are expected to be digitalised.

PETALING JAYA: More funds are being poured into technology startups in Asean, with financial technology or fintech taking the centre stage.

Technology venture Asean Fintech Group (AFG) is ready to deploy US$20mil (RM83mil) to accelerate its fintech businesses in the region over the next 12 months.

In an interview with StarBiz, AFG executive director Lau Kin Wai (pic) said that the fintech sector in South-East Asia is at a “tipping point”, where a lot of transactions are expected to be digitalised.

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