Digital banking adoption is growing across Southeast Asia,
driven by evolving customer expectations and enhanced digital
penetration. The COVID-19 pandemic has accelerated this trend, as
enforced digital transitions have embedded a more immediate
impetus for change.
These drivers will see Southeast Asia’s digital banking opportunity
expanding significantly in coming years, reflecting a trend which has
seen over 200 new digital banks established globally over the last
decade. Since 2015, the number of digital banks has grown by 190%,
supported by significant investment and positively evolving
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