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The Future of Banking in Southeast Asia
Hero's task is to revolutionize the banking industry to make it easier and more affordable for banks that have not previously been opened to the bank or have low debt to begin with in Southeast Asia.
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Southeast Asia is the world's fastest growing Internet region and the fourth largest Internet market in the world. Market Overview 
Southeast Asia is the world's fastest growing Internet site. The world's fourth largest internet market with 260 million Internet users with more than 600 million people. By 2020, Internet users are expected to reach more than 480 million users in the world's fastest growing Internet market, led by Indonesia. Not surprisingly, growth continues in the rapidly growing young population in the region, with 70% of the population (57% of China) aged under 40 years.
A study conducted by Google and Temasek predicts that until 2025, the Internet economy of Southeast Asia will reach US $ 200 trillion and the already strong and growing US $ 2.5 trillion GDP is expected to strengthen. The cellular connectivity rate is above the global average (124% vs. 103%) and internet speed is estimated to reach 23.3 Mbps, the internet sector of this region is growing. Also, since January 2017, member countries have high social penetration. In the Philippines, the figure is 58% higher than the global average of 37% and the regional average of 47%.
But only 27% of Southeast Asian people have bank accounts. In poor countries like Cambodia, the number is about 5%. Approximately 438 million people benefited from this area. [5] The Philippines has the lowest banking penetration rate in Asia and does not receive more than 70% of adults (over 15 years old). The central bank data show that the figure not represented outside Metro Manila constitutes more than 80% of the population and that only 3 million households have credit cards. As a result, 72% of more than 100 million people need over 18,000 pawns for their money needs. [6] 90% of pawnbroker customers on this market in pledge areas are acting as banks. Unlike the US, this is a common situation in developing countries like the Philippines.
Overview of the market 
Southeast Asia is the world's fastest growing internet site. This is the world's fourth largest Internet market with 260 million Internet users with more than 600 million people. By 2020, Internet users in the region are waiting for the success of more than 480 million users, led by Indonesia, the fastest growing online market in the world. It is not surprising that 70% of the population (57% versus China) is made up of people under the age of 40, supported by the growing population of the region's rapidly growing young population.
Overview of the market 
Southeast Asia is the world's fastest growing internet site. This is the world's fourth largest Internet market with 260 million Internet users with more than 600 million people. By 2020, Internet users in the region are waiting for the success of more than 480 million users, led by Indonesia, the fastest growing online market in the world. It is not surprising that 70% of the population (57% versus China) is made up of people under the age of 40, supported by the growing population of the region's rapidly growing young population ....
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Author : piqulhdt28

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