1、 POWERED BY FINTECHNEWS.SGMYANMARFINTECHSTARTUPREPORTROYCE NGFINTECHNEWS.SG|FACEBOOK.COM/FINTECHMYANMAR/|TWITTER.COM/FINTECHMYANMARAFTER DECADES OFISOLATION,THESOUTHEAST ASIAN NATIONOF MYANMAR IS ROARINGAHEAD WITH THE FASTINGGROWING ECONOMY INASIA IN 2016ACCORDING TO THE ASIAN DEVELOPMENT BANKSASIAN
2、 DEVELOPMENT OUTLOOK 2016.FINTECHNEWS.SG|FACEBOOK.COM/FINTECHMYANMAR/|TWITTER.COM/FINTECHMYANMAROVERVIEWA QUICKSnapshot of MyanmarTime LineStartupsINTRODUCTIONDIGITAL IN ASIA-PACIFIC IN 2017 REPORT BY KEPIOS,HOOTSUITE&WE ARE SOCIALPopulation53.4Million SNAPSHOT OF MYANMARMobilePenetration 95%Interne
3、tPenetration 28%Banked Population 5%Card Penetration:2%SOURCE:ASIAN DEVELOPMENT BANK(ASIAN DEVELOPMENT OUTLOOK 2017 UPDATE)NOTE:GDP GROWTH RATE FORECASTS FOR 2017 AND 2018.SNAPSHOT OFMYANMAR GDP GROWTH PWC MYANMAR BUSINESS GUIDE:FIFTH EDITION OCTOBER 2017DEVELOPMENT OF FINTECH IN MYANMAROct 20149 li
4、censes awarded toforeign bank,includingOCBC and UOB March 20164 more licensesawarded to foreignbanksOctober 2016FPT Myanmar signs10-year agreementwith MyanmarPayment Union toimprove nation-widepayment services Central bank ofMyanmar(CBM)become indendentbody.20132011 End ofJunta RuleCBM issuesRegulat
5、ion on MobileFinancial ServicesTrueMoney,aThailand-based onlinepaymentcompany launchedremittance serviceNovember 2016Wave Money becomescompany to receive alicense under new regulations.Myanmar mobilepayments firm MyPayLtd acquired SingaporesFastacash,a socialand mobile paymentplatform to remit money
6、.March 2017Government issues 2telecommunicationslicense to foreignoperatorsNUMBER OFFINTECH STARTUPS IN SOUTHEAST ASIA050100150200VietnamCambodiaMyanmarIndonesiaMalaysiaPhilippinesSingapore250FINTECHNEWS.SG COUNTRY FINTECH STARTUP REPORTSFINTECHNEWS.SG|FACEBOOK.COM/FINTECHMYANMAR/|TWITTER.COM/FINTEC
7、HMYANMARFINTECH MYANMAR STARTUP MAPPaymentsMobile WalletsWAVEMONEY.COM.MM|FACEBOOK.COM/WAVEMONEY|TWITTER.COM/WAVEMONEY_MMFINTECH STARTUPS-MOBILE WALLETSWAVE MONEYWave Money is aninnovative way to transfermoney anywhere anytime,safely through your mobilephone or from one of yourneighborhood Wave Shop
8、agents.2015TRUEMONEY.COM.MM|FACEBOOK.COM/TRUEMONEYMYANMARFINTECH STARTUPS-MOBILE WALLETSTRUEMONEYMYANMARTrueMoney Myanmarprovides the new paymentsolution with multipleservices tailored to theneeds for the community.The products of TrueMoneyMyanmar are remittance,top-up and bill payment.2014OOREDOO.C
9、OM.MM/EN/PERSONAL/SERVICES/M-PITESAN.ASPX|FACEBOOK.COM/OOREDOOMYANMARFINTECH STARTUPS-MOBILE WALLETSM-PITESANM-Pitesan is OoredoosMobile Money Service whichis the easy and safe way totransfer and receive money,buy airtime or makepayments using your mobilephone instantly,anywhere,anytime.2017OKDOLLAR
10、.COM|FACEBOOK.COM/OKDOLLARAPP/FINTECH STARTUPS-MOBILE WALLETSOK$OK$is mobile paymentsystem which claims to befast,secure and safe.Itallows users to rechargemobiles&DTH,buy movietickets,share bills,share rentwith friend,buy flowers,order pizza,shop online andetc.2017663MOBILEMONEY.COM|FACEBOOK.COM/66
11、3MOBILEMONEY/FINTECH STARTUPS-MOBILE WALLETS663 MOBILE MONEY663 Mobile Money allowsyou to maketransfers/payments usingyour mobile phone.Userscan securely pay for yourprepaid mobile phoneconnection,post-paid mobilebills,flight tickets,insurancepremiums,movie tickets,utility bill payments&transact on
12、e-commercewebsites,all without sharingpersonal financialinformation with anyone.2017ONGO.COM.MM|FACEBOOK.COM/ONGOMOBILEMONEY/FINTECH STARTUPS-MOBILE WALLETSONGOOngo is a digital paymentservice which is fast,safeand a convenient way to payand receive money.You caneasily manage your accountwith the On
13、go mobile App.2017PAYHERE.COM.MM|FACEBOOK.COM/PAYHERE4ALL/FINTECH STARTUPS-MOBILE WALLETSPAYHEREPayHere is a digitalconvenience store whichprovides ProvidingeCommerce Payment,TelecoTopup Cards(MPT,Telenor,Ooredoo and MEC),OthersTopup(easyPoints,GooglePlay,iTunes,.),ElectricityBills and 4TV monthly b
14、illspayment 2017MYANMARMOBILEMONEY-EASYPAY.COM|FACEBOOK.COM/MYANMARMOBILEMONEY/FINTECH STARTUPS-MOBILE WALLETSEASYPAYEasyPay is a mobie paymentsolution with services suchas paying bills,B2Bpayments and adding phonetop-ups.20171STOP.COM.MM/|FACEBOOK.COM/NEARME1STOP/FINTECH STARTUPS-MOBILE WALLETSPAYH
15、ERE1-STOP is providing DigitalConvenience Store platformwhich empowers to theretails connected betweenurban and rural coverage inMyanmar.2017MYKYAT.COM/|FACEBOOK.COM/MYKYAT.MYANMARFINTECH STARTUPS-MOBILE WALLETSMYKYATMyKyat allows you to sendmoney to anyone just usingyour mobile phone.2015MYPAY.COM.
16、MM|FACEBOOK.COM/MYPAYMYANMARFINTECH STARTUPS-MOBILE WALLETSMYPAYMYPAY provides SocialMedia payments and helpsyou to pay via yoursmartphone.Money can besent and received fromfriends and family.2015REDDOTNETWORK.COM/|FACEBOOK.COM/REDDOTNETWORKMYANMAROFFICIALPAGEFINTECH STARTUPS-MOBILEPAYMENTSRED DOTRe
17、d dot is a revolutionarynew payments company thatis rapidly building a networkin Myanmar.2013MYANPAY.COM.MM/|FACEBOOK.COM/MYANPAYFINTECH STARTUPS-PAYMENTSMYANPAYMyanPay is an easy,fast,and secure E-commercesystem.Their servicesinclude fraud prevention andrisk management for youronline Business&E-com
18、merce.2012EASYBILLS.COM.MM/|FACEBOOK.COM/EASYBILLSMYANMARFINTECH STARTUPS-PAYMENTSEASYBILLSeasyBills is an electronic billpayment solutions inMyanmar.2015CONNECTNPAY.COM/|FINTECH STARTUPS-PAYMENTSCONNECTNPAYCNP seeks to maximise thetotal addressable marketavailable for all financialinstitutions and start-ups inMyanmar hrough buildingnetwork interoperability.2015IF WE HAVE MISSED YOUOUT,OR YOU WILL JUSTLIKE TO REACH OUT TO USFOR MEDIA ORADVERTISING INQUIRIES,KINDLYREACH OUT TO US.ROYCEFINTECHNEWS.SGCHRISFINTECHNEWS.SG