Cards & Expense Management

With 84% merchants in Southeast Asia expecting 50% of their business payments to be digital in the next 5 years, corporate cards and expense management solutions are an emerging need for SMEs in this market. While challenger fintechs are currently targeting this white space, banks are well-placed to capture the revenue as well as improve their onboarding of and engagement with SMEs.
Fintechs have expanded the scope of the commercial cards market, addressing several payments and spend management challenges businesses face in the traditional cards offerings.