Tapping into the $430Bn TAM of Southeast Asia: Opportunities for Indian Startups

Indian startups looking to expand overseas should consider Southeast Asia, an attractive geography with tremendous growth potential. According to the Redseer SEA report, the region’s economy has been on a stellar growth trajectory, reaching an impressive USD3.2tn in 2021. What’s more, the population of over 650 million and 70 million SMEs in Southeast Asia are […]
Slowing Consumer Demand: A Double Whammy to Startups in a Funding Winter

The market disruption by the COVID-19 pandemic created phases of growth and slowdowns for startups. As a result, most businesses experienced a net growth that spanned two pandemic waves. However, in CY-2022, global inflationary pressures severely impacted consumer demand. The revenue increase was driven by higher prices, as volumes remained low across the urban and […]
Tech to Drive MENA IPO Boom

The Middle East and North Africa (MENA) region has seen a surge in IPO activity in recent years, with several high-profile companies going public and raising significant capital. To sustain this momentum, the region will need to continue embracing new technologies and innovative solutions to drive further growth. Here we deep dive into the thriving […]
Navigating the Challenging $10-100 Mn Revenue Journey

During the first week of January 2023, the media outlets were abuzz with our finding about startups scaling almost 4x faster currently compared to a couple of decades ago. That is, while startups incorporated in the year 2000 took 18 years to reach US$ 100 million revenue, the ones founded in 2017 took 4-5 years. […]
InsurTech: Uncovering the Opportunity in Indonesia – Part 2

Indonesia’s InsurTech sector will grow at ~40% CAGR during 2021-26E due to low base (insurance penetration), already high (and rising) digital penetration, and the emergence of newer models. The capital raises by multiple players in the region suggests the continued support from investors. More could follow as players gain scale and display clearer path to […]
CBT Taxation – Supporting a sustainable local retail ecosystem

Recently, the custom duty ceiling for international cross-border trade was reduced. The policy change is expected to support creating a sustainable local retail ecosystem and further accelerate the trend of partnerships between local and international retail players in the UAE. Here’s an insight into the impact of the policy update on local retail players and […]
BNPL Wave is Now a $1.5 Bn Reality

The Buy Now Pay Later (BNPL) market is expected to grow in the Middle East region as this payment mode has a fast approval method. This is the most convenient payment method, spread over a period of time with smaller amounts of EMI. As the COVID-19 pandemic disrupted the economic conditions in the Middle East […]
MENA Insurtech: Ripe for the Taking

In this edition of our weekly newsletter, we deep-dive into MENA’s booming Fintech landscape and highlight a rapidly evolving segment within it – Insurtech. Insurtech has all the makings of the long-awaited fulcrum that pioneers MENA’s insurance market level with that of developed economies, starting with the GCC. Read on as Akshay Jayaprakasan and his […]
Save Now Pay Later – An Emerging Fintech Play

The ecommerce logistics sector grew on the back of technology and innovation, to enable e-retail boom in India.
India’s economic growth story is still Intact

The ecommerce logistics sector grew on the back of technology and innovation, to enable e-retail boom in India.
Why Digital B2B Payments Will Go Mainstream?

The ecommerce logistics sector grew on the back of technology and innovation, to enable e-retail boom in India.
Driven by Digitalization: Philippines Fintech

Philippines has a vast “underserved” banking population of ~57 million demonstrating the untapped potential in the country. Philippines lacks national ID system and hence the prevalence of financial frauds is also quite high. The new age fintech players with their latest technology and credit tools can tackle this issue well and thereby gain customer confidence […]
Ground Zero 7.0 | Banking Partner HSBC

The ecommerce logistics sector grew on the back of technology and innovation, to enable e-retail boom in India.
Vietnam’s FinTech Landscape

Vietnam is at the forefront of a fintech revolution. The structural opportunity in digital banking and insurtech sectors in particular is likely to unfold over the next few years. Accordingly, we expect investors’ interests to sustain in the foreseeable future. 1. Macroeconomic indicators present a conducive landscape for the fintech ecosystem to develop and grow […]
InsurTech: Uncovering the opportunity in Indonesia

As per our report, InsurTech in Indonesia is estimated to grow fourfold during 2021-26 and reach a multi-billion-dollar gross premium size. This will be driven by rising awareness of the need for insurance, rising digital penetration, wider product offerings and other factors. The note also provides some colour on consumers’ preferences for InsurTech offerings. Here’s a […]
Are The New Tech-Infused Insurance Models the Catalysts for Change?

Insurance penetration in India is poised to grow rapidly in just a few years.
Neobanking in India The Matrix Upgraded

India retail banking is poised for disruption as neobanks look to revolutionise personal banking experience.
Singapore WealthTech – Poised To Pay Off

Significant increase in investment AUM expected, led by growth in retail and institutional customers
WealthTech opportunity landscape – ID

Mutual Funds and Crypto currencies are the most preferred asset classes
Everyone Loves The Bank Of The Future!

Working professionals to drive this growth: Neobanks have opportunity to address ~120 Mn professional income accounts
BNPL ready to transform India’s payment landscape

Consumers are rapidly taking to BNPL primarily due to ease of use, discounts and their evolving credit needs
PH Fintech: Seizing Distant Market

Lending and payment players have witnessed strong traction in Philippines’ digital space
Vietnam Fintech: Closing the Unbanked Gap

Digital banks can help to achieve the government’s target to reach 80% banked population by 2025
Neo Banks – Disrupting India’s Banking Landscape

Salary accounts of white-collar employees, with a Lifetime value of ~3X, seem an addressable market and the best way forward for neobanks
Burgeoning EDC Market: How Merchants Are Driving India’s Digital Payments

The Indian EDC market stands at ~4.7 Mn terminals and is expected to grow to ~12 Mn by FY25, with steady adoption across merchants
SEA Fintech Report

Robust economic growth and digitally engaged consumer creates massive opportunity to drive innovation in Fintech adoption
The Rise Of Cryptocurrencies

Blockchain technology is also seeing a rise with several startups gaining fundraising in the past 3 years
Digital Payments – The Power Of Buy Now Pay Later. Part 2

Limited access to credit in SEA coupled with COVID led acceleration in digital economy offers fertile ground for BNPL to grow in SEA
The BNPL wave is rising

The BNPL sector has scaled well – we estimate USD 0.6 Bn of GTV will be processed in MENA in 2021
Understanding CPaaS: Softbank’s First Saudi Investment

CPaaS could represent a USD 5 Bn+ opportunity in MENA by 2030
Digital Economy : Fintech leads in Growth

With 1 in 4 deals being in the fintech space and pulling nearly 30% of all the funding raised, the sector is poised for strong activity with the new liquidity
Here’s how consumers are managing their finances better. Are you?

Digital brokerages have witnessed a phenomenal growth in the last 3 years
Digital Economy : Fintech leads in Growth

Insurtech and Lending growth is expected to be ~5 times higher in future
The elusive booming of shared credit market in India

India’s shared credit market is $550Bn size of addressable market
Digital Payments – The power of Buy Now Pay Later

Direct discounts and cashback promotions are widely rolled out to beat the stiff competition amongst top players.
BNPL – The growing relevance of BNPL platforms in the UAE

BNPL players in the UAE have only just entered the market and have cumulatively received approximately $40 million+ in funding.
Digital Payments – Emergence of New Growth Drivers

Being a key enabler for the internet economy allows E-wallets to have greater leverage and remain unaffected by slowdowns much like the one caused by Covid-19
Inside $500M Indian Smartphone Insurance market

~557 Mn people in India have access to a smart-phone by 2020 which would go up to ~939 Mn by 2025.
Indian Mobile Payments: 5x growth by 2025

In Post COVID scenario, Mobile payments will lead to an additional INR 12 Tn of digital payments by value as consumers get more inclined towards digital payments driven by contactless push to avoid the risk of virus.
Indonesia Fintech – 4 P’s To Succeed In Payments

Vertical players have faced multiple challenges in scaling up and finding the right segments to target in the face of strong competition from the much larger horizontals. The funding inflow also has been relatively low.
Indian Fintech – Poised for a strong recovery post COVID

Driven by the COVID push, ~17 Mn new Insurtech policy buyers will get added in the next 2 years, to take the overall number to ~30 Mn
Of digital book-keeping apps, foodtech subscriptions and festive sales

1. Digital book-keeping apps have managed to gain strong adoption and regular usage amongst SMEs Published on: Oct 2019 New age book keeping apps are seeing daily usage amongst large chunk of their user base- indicating increasing comfort A significant chunk of app users are having more than 50% of all their transactions recorded on […]
Fintech Market Updates

UPI has a strong market share in higher value use cases Published on: Aug 2019 Wallets continue to remain strong in the recharge and SME merchants category. India’s tech-enabled/alternative lending market is being driven by multiple business models Published on: Aug 2019 With increasing MSME digitization, tech-enabled lending is disrupting the status quo and expected […]
Indonesia Fintech: Looking back into The Future

1. Fast-growing Indonesian eWallets and digital payments space seeing massive supply-side activity Published on: Aug 2019 Summary takeaways Continued rapid growth (70-80% CAGR) in Indonesia e-wallets space is attracting the attention of major global players even as local players expand into new segments Given the expected intense competition, the market may be heading for consolidation […]
The Upcoming Fintech Boom In India (And Indonesia)

1. InsurTech marketplaces are growing 100% y-o-y driven by strong growth of both incumbents and new entrants Published on: Aug 2019 Key growth driver of sector incumbents is wide coverage viz strong presence in most insurance categories, across insurance providers An additional growth lever is a strong focus on customer service enabled by a large […]
Online Insurance Market Updates

1. InsurTech marketplaces are growing 100% y-o-y driven by strong growth of both incumbents and new entrants Published on: Aug 2019 Key growth driver of sector incumbents is wide coverage viz strong presence in most insurance categories, across insurance providers. An additional growth lever is a strong focus on customer service enabled by a large […]
Fintech Insights | Middle-East

1. Fintech: Funding in MENA fintech is led by lending and payment focused start-ups Published on: Oct 2018 Fintech based start-ups in the MENA region are seeing a lot of traction recently with a funding of ~USD115mn till date, of which ~75mn is received within last two years. UAE is the most popular geography among […]