Fintech app installment demand in the Philippines Q1 2019-Q1 2021
Despite concerns on security, the demand for digital financial apps in the Philippines has shown positive growth in recent years. During the first quarter of 2021, the demand for installing financial technology (fintech) apps reached 17.8 percent, reflecting an increase of nearly 80 percent from the second quarter of 2020 when the coronavirus (COVID-19) pandemic commenced.