COVID-19 is boosting fintech and mobile money in Myanmar, but what?s next? aseantoday.com

Myanmar?s financial technology, or fintech, industry has passed its embryonic stage and emerged as a regular feature in parliamentary agendas and business plans. Following the country?s political reforms in 2011, Myanmar invested heavily in telecommunications, reducing the price of SIM cards, smartphones and data coverage. This increased connectivity facilitated the rise in fintech services as a modern tool for financial inclusion.