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Telling the fortune of digital payments in 2021
published : 12 Feb 2021 at 04:00
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Just over one year into the Covid-19 pandemic, it has been impossible to ignore the stratospheric growth of digital payment methods across the world. In APAC specifically, we ve seen Facebook and PayPal join Google, Tencent, and other leading technology firms in backing Gojek, a popular Southeast Asian super app. Not missing a beat, Gojek s competitor Grab has been keeping busy by purchasing stakes in popular e-wallets such as Indonesia s LinkAja.
It s safe to say that there s never a dull moment when it comes to the region s fintech scene. But once the dust has settled behind this latest wave of M&A activity, what will be the next frontier for digital payments?