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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.

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