ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Pandemic opens the door to a new fintech era in Asia

Changing consumer behavior and new regulations spur innovation

Asia is already a global leader in fintech innovation. (Photo by Kosaku Mimura)
Already at the forefront of innovation, Asia can seize opportunities opened up by the coronavirus pandemic for fintech 2.0. (Photo by Kosaku Mimura)

SINGAPORE -- When the ax fell on Lehman Brothers in 2008, an equity derivatives trader for the U.S. institution became one of many people disillusioned with traditional banking. Seven years later, Nikolay Storonsky launched Revolut, now one of the best-funded fintech companies in Europe.

Even if you do not believe financial technology startups were a product of the global financial crisis, their growth was undoubtedly fueled by it.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more