This statistic displays the results of a survey asking financial technology or FinTech related companies in ASEAN countries on their perception on external challenges. During the survey period, 36 percent of respondents reported to have difficulties to acquire customers.
External challenges for FinTech companies in ASEAN countries as of January 2018
Characteristic
Share of respondents who answered with yes
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80 percent of the respondents are CEOs with 57 percent are being serial entrepreneurs of FinTech or FinTech related companies.
Method of interview
Online survey
Supplementary notes
Note: Multiple responses were allowed.
Headquarters of respondents according to the source:
5 percent from Thailand
29 percent from Singapore
10 percent from Malaysia
14 percent from Indonesia
17 percent from the Philippines
3 percent from other ASEAN countries
32 percent from non ASEAN countries (looking to expand their presence in the ASEAN market)
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EY. (February 1, 2018). External challenges for FinTech companies in ASEAN countries as of January 2018 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/
EY. "External challenges for FinTech companies in ASEAN countries as of January 2018." Chart. February 1, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/
EY. (2018). External challenges for FinTech companies in ASEAN countries as of January 2018. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/
EY. "External Challenges for Fintech Companies in Asean Countries as of January 2018." Statista, Statista Inc., 1 Feb 2018, https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/
EY, External challenges for FinTech companies in ASEAN countries as of January 2018 Statista, https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/ (last visited August 25, 2024)
External challenges for FinTech companies in ASEAN countries as of January 2018 [Graph], EY, February 1, 2018. [Online]. Available: https://www.statista.com/statistics/884848/asean-external-challenges-for-fintechs/
