How the pandemic made fintech matter again in Myanmar
Myanmar was considered Asia’s last frontier market, not too long ago – rich in natural resources and investment potential, but only just emerging to the possibilities of digitization.
About a decade later, sweeping reforms brought a new era of connectivity, bringing down the cost of smartphones and mobile internet, and leading to the advent of local fintech services as a means for better financial inclusion.
Today, Myanmar’s financial technology sector is showing signs of maturing further and, as is the story with digitalization around the world, it’s being buoyed by the demands of the pandemic.
Joe Devanesan
