Thread by @UKASEAN

Joel Yarbrough @RapydPayments, a UK unicorn, says one of the key changes driving #fintech is the progressive regulation is improving and making a huge change to the industry. Agrees with @citylordmayor that UK's regulatory sandbox and legal environment is world leading. #UKASEAN

Tan Sri Munir, Chair of @ASEAN_BAC Malaysia and @Cariasean notes in Indonesia 65% of the population lack bank accounts and 87% have not borrowed money in the last year. There is a scarcity of banks in rural areas and low levels of literacy. #UKASEAN

Tan Sri Munir also notes interoperable payment infrastructure needs to be accelerated and that talent remains a challenge and an inhibitor to #fintech growth. #UKASEAN

Adrian Gunadi notes that regulators are learning daily and from each other and see #fintech as a means to serve the underserve.

Adrian Gunadi, CEO of Investree emphasizes the #fintech for inclusion. Non-fintech businesses are using fintech that will help them to recover and make more informed decisions such as in #tourism.

Tan Sri Munir, Chair of @ASEAN_BAC @Cariasean in his concluding remarks notes #Fintech has got a great future and has been enhanced by the pandemic and has pushed all activities to a tech future. #UKASEAN

@citylordmayor @cityoflondon highlights he will visit #Singapore next week for a virtual visit to promote #fintech and more! @UKinSingapore @tradegovukSGP #UKASEAN

Baroness @LNevilleRolfe wraps up the Digital Conversation on the Future of #Fintech in ASEAN and notes the growing competition, the increasing speed of change and the importance of inclusivity all of which will be discussed further @ASEAN_BAC Business Summit in November.

Our thanks to co-host @ASEAN_BAC @cityoflondon for an excellent discussion on the Future of #Fintech in #ASEAN with Rt Hon. @citylordmayor, Adrian Gunadi, CEO Investree; Joel Yarbrough, VP @RapydPayments & Tan Sri Munir, Chair @ASEAN_BAC Malaysia, led by our Chair @LNevilleRolfe

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