FinTech Magazine - January 2022 | Page 79

BANKING
He says , “ We are very focused on the emerging markets and Mambu was founded on a philosophy of making banking better , making banking technology more accessible , really driving financial inclusion and financial literacy .”
According to Bertrand , key markets , such as the Philippines , Indonesia , Thailand , will be the next big regional players in terms of digital banking growth because they have “ significantly underbanked ” populations . The growth some of these regions are undergoing currently , is nothing short of “ crazy ”. In the Philippines for example , which has a 200 million-strong population , the potential for onboarding new customers to digital banking services is estimated to be six million within a 12 month period .

“ Because they don ' t have some of the technology debts that the banks have , they ' re able to actually get things into market very quickly ”

MYLES BERTRAND , MANAGING DIRECTOR OF MAMBU , APAC

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