CCAF launches study into ASEAN fintech trends
The Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School and the Asian Development Bank Institute (ADBI) have joined forces to conduct new research into fintech trends in Indonesia, Malaysia, the Philippines, Singapore and Thailand.
The study will seek to analyse the challenges and opportunities faced by consumers and micro, small and medium-sized enterprises among the Association of South East Nations (ASEAN) when seeking finance through fintech channels.
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The ‘ASEAN Access to Digital Finance Study’ will look at how fintechs compare with traditional banking options, and will focus on peer-to-peer lending, invoice trading, buy-now pay-later, and equity crowdfunding companies.
CCAF said that the study is in response to the lack of empirical evidence on how customers utilise fintech channels in the ASEAN region.
“In order to ensure the widest reach to potential respondents, we have collaborated with leading digital lending and capital raising fintech platforms and fintech associations from across the region,” said Tania Ziegler, global benchmarking lead at the CCAF.
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“By participating, both consumers and businesses will be helping to create valuable data that will support evidence-based decision making for the future of the fintech ecosystem in the region.”
“This survey should provide an excellent source of first-hand information which will be very valuable to researchers, policy makers, regulators and practitioners in the fintech field.” added Peter J. Morgan, senior consulting economist and vice chair of research, ADBI.
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