Pacific Exchange Blog
An estimated 163 million female entrepreneurs across the globe are running their own business. While economies in Asia have relatively high levels of gender parity compared to other regions, women’s entrepreneurial participation still lags behind men. The local business ecosystem, cultural perceptions, and women’s advancement opportunities all play a role in encouraging women’s entrepreneurial pursuits.
Pacific Exchanges Podcast
We continued our series on fintech in Asia with Toshio Taki, the co-founder of Money Forward, a Japanese fintech firm, and director of an association that promotes open APIs in Japan. Toshio talked about the open banking and API landscapes in Japan, comparing Japan to global peers. Toshio is pushing for greater adoption and integration of financial technology services among Japanese clients, and looking to shift Japan from its reliance on cash.
This Asia Focus summarizes the small- and medium-sized enterprise (SME) credit gap in Asia and assesses ways certain emerging technologies and innovative business models—commonly known as “fintech”—can improve SME access to financial services in Asia and boost long-term economic growth in the process.