March 20, 2019

Exploring Thailand’s FinTech Landscape – Investment Perspective

Over the next few weeks, MEDICI brings you a series of articles exploring FinTech in the ASEAN region. The articles, each of which will focus on a different ASEAN country, provide comprehensive insights into the FinTech investment landscape in the region. ASEAN in figures ASEAN (the Association of Southeast Asian Nations) is the third-largest Asian region. It is home to more than 630 million people. One-fourth of the population lives in urban areas. ASEAN has a 4.7% annual growth and USD 119.97 billion in FDIs; it is also one of the fastest-growing regions globally as well as the seventh-largest economy. Its population is young and educated with a literacy rate of over 80%, phone-savvy with more than 0.5 phones per person, and enjoys a low to mid unemployment rate from 0.5% to 6.9%. ASEAN members also have an average to a high life expectancy of 69–82.7 years, and a gender…

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