At the Singapore Fintech Festival 2023, Sarah Corley, CEO of the Alliance of Digital Finance Associations, shared her thoughts on the rapidly evolving fintech landscape and the exciting opportunities emerging in digital finance. With her extensive experience in the field, Corley offered valuable insights into the future of fintech and the key areas where investors can make a meaningful impact.

A Global Perspective

Corley highlighted the differences in the fintech landscape across various regions, including Africa, Asia, Latin America, and developed markets. She emphasized the importance of understanding local markets and the role of fintech associations in identifying gaps and opportunities for growth.

Collaboration and Financial Inclusion

Corley stressed the need for collaboration between industry players, including banks, fintechs, and mobile network operators, to reach the last mile consumer and promote financial inclusion. She believes that fintech associations and accelerators play a crucial role in supporting the growth of fintech and unlocking its potential for financial resilience.

Investment Opportunities

Corley advised savvy investors to look for areas with high growth potential, such as Asia, and to seek out local knowledge and expertise to identify gaps in the market. She emphasized the importance of understanding the local landscape and the role of fintech associations in supporting the growth of fintech.

Quick Fire Questions

In a rapid-fire question session, Corley shared her thoughts on various topics, including London versus Singapore, Asia versus Europe, bank versus fintech, blockchain versus AI, and the future of the world in five years’ time. Her answers offered a glimpse into her priorities and passions, including her commitment to fintech and financial inclusion.

Conclusion

Sarah Corley’s insights offer a valuable perspective on the fintech industry, emphasizing the importance of collaboration, financial inclusion, and local knowledge. As the fintech landscape continues to evolve, her thoughts on the key areas for investment and growth serve as a reminder of the need for adaptability and forward thinking.