Report
The cashless future is here and APAC is leading
Digital wallets are reshaping Asia-Pacific's financial landscape
Digital wallets have moved from convenience to core infrastructure across the Asia-Pacific region. This report explores the forces driving adoption, how providers are turning wallets into all-in-one financial hubs, and where the next wave of growth will come from. Inside, you’ll find market context, product patterns (pass-through vs stored-value), and practical guidance on launching, scaling, and monetising wallet propositions. We also spotlight leading players across APAC and how they accelerated time-to-market, improved unit economics, and reached new customer segments, all while keeping compliance and security front and centre.
Use this report to benchmark your strategy, validate your roadmap, and identify the partners, capabilities, and operating models that get you from idea to impact faster.
Key insights revealed
Market momentum: Why wallet usage is accelerating across APAC—and what it means for banks, fintechs, and non-banks.
Product design: Pass-through vs stored-value wallets, funding options, and the features that drive daily use.
Use cases beyond payments: Remittance & FX, multi-currency travel, loyalty & rewards, instant payouts, and more.
Go-to-market playbooks: From MVP to scale—launch sequencing, compliance considerations, and ecosystem partnerships.
Build vs buy: How cloud-native, composable cores shorten time-to-market and lower total cost of ownership.
Inside the report: real APAC stories
Digital banks & fintechs: How challengers moved from concept to market rapidly and scaled profitably.
Incumbents modernising: The changes established institutions made to their stacks and ways of working to stay competitive.Why customer expectations demand faster, seamless, digital-first lending.
Non-bank entrants: Retailers/telcos leveraging wallets to grow loyalty, capture spend, and open new revenue streams.
Operating metrics that matter:Defining a new standard through adoption, activation, funding, spend, and retention.