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Digital financial services to generate $52 bil annually by 2025; 'underbanked' and 'unbanked' remain challenges

Pauline Wong
Pauline Wong10/30/2019 05:30 PM GMT+08  • 4 min read
Digital financial services to generate $52 bil annually by 2025; 'underbanked' and 'unbanked' remain challenges
SINGAPORE (Oct 30): The digital financial services industry in Southeast Asia is poised to triple in annual revenue generation by 2025 to reach an estimated US$38 billion ($52 billion), a new study has revealed.
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SINGAPORE (Oct 30): The digital financial services industry in Southeast Asia is poised to triple in annual revenue generation by 2025 to reach an estimated US$38 billion ($52 billion), a new study has revealed.

The “Fulfilling its Promise - The Future of Southeast Asia’s Digital Financial Services” study by Temasek Holdings, Google and Bain & Co also estimates that the upside estimate of potential revenue generation could reach as high as US$60 billion in the next six years.

In addition, the study expects the total transaction value of digital payments within the region to reach US$1 trillion in 2025.

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