Islamic Finance

Driven by tourism spending Chinese fintech giants move into Southeast Asia’s biggest Islamic markets

| 06 July, 2017 | General
Leighton Cosseboom
Driven by tourism spending Chinese fintech giants move into Southeast Asia’s biggest Islamic markets

China’s tech mammoths Alibaba and Tencent are making bold plays with e-wallets and cashless payments to serve Chinese tourists in Malaysia and Indonesia, inevitably driving forward Southeast Asia’s fintech industry.