Digital financial services worth $52 bil by 2025, but 'underbanked' challenges remain

SINGAPORE (Nov 4): 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 found.

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