Project Description
ASEAN Financial Innovation Network ("AFIN") will create and operate a market platform and technical environment that enables FinTechs to scale their businesses regionally, helping Financial Institutions ("FIs") benefit from more competition and a robust ecosystem of FinTech solutions. At the core of AFIN will be a FinTech marketplace and Sandbox (e.g. systems and user testing) environment for FIs to access, develop, and design new or improved financial products/services. AFIN will set up this platform, establish legal and commercial service relationships with FinTechs and FIs, and help create a dynamic community of FIs, FinTechs, developers, and regulators that accelerate regional innovation and adoption.