Asean Fintech Group targets startups in South-East Asia

In an interview with StarBiz, AFG executive director Lau Kin Wai (pic) said that the fintech sector in South-East Asia is at a “tipping point”, where a lot of transactions are expected to be digitalised.

PETALING JAYA: More funds are being poured into technology startups in Asean, with financial technology or fintech taking the centre stage.

Technology venture Asean Fintech Group (AFG) is ready to deploy US$20mil (RM83mil) to accelerate its fintech businesses in the region over the next 12 months.