The Number of Southeast Asian Fintech Startups Exiting is Predicted to Continue Increasing Until 2023

Economics & Macro

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Cindy Mutia Annur 30/09/2020 11:04 WIB

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Several venture capitalists predict a continued increase in the number of Southeast Asian fintech startups employing exit strategies through 2023. This year, 20 startups are predicted to do so.

Projected Number of ASEAN Fintech Startups Employing Exit Strategies (2020-2023)

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Projected Number of ASEAN Fintech Startups Employing Exit Strategies (2020-2023)

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A report, *The Future of Fintech in Southeast Asia*, by Dealroom, Finch Capital, and MDI Ventures in September 2020, predicted a continued increase in the number of Southeast Asian fintech startups employing exit strategies. A total of 32 startups were projected to exit by 2023.

In 2020, 20 fintech startups were predicted to pursue exit strategies. This was followed by a projection of 22 startups doing the same the following year. This represents a significant increase from 2015, when only two startups exited. While there was a surge in 2017, with 18 startups exiting, this number dropped to 9 and 8 startups in 2018 and 2019 respectively.

An exit strategy is a planned approach to conclude an investment by maximizing profit and/or minimizing losses. Forms of exit strategies include initial public offerings (IPOs), mergers and acquisitions, and others.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."