No one denies that Southeast Asia (SEA) is one of the most economically developed regions in the world. The region’s digital economy approached US$200 billion in gross merchandize value (GMV). E-commerce has been a massive driver of growth in SEA with adoption skyrocketing across the region, up to 98% for affluent users and 74% for suburban consumers. For the first time this year digital financial services have begun to overtake e-commerce as SEA’s top investment sector with payments retaining the biggest slice of deal activity. Invigorated by a highly favorable growth environment, the industry has made significant inroads into SEA…

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