2019
Asia's Top
Fintech Companies
An independent InfluenceAsia editorial and research ranking recognizing the Asian fintech companies whose 2019 scale, technology, financial access, product execution and institutional relevance most advanced the region's digital financial economy.
InfluenceAsia 50: Asia's Top Fintech Companies 2019 identifies the companies whose financial technology platforms carried exceptional relevance across payments, digital banking, lending, insurance, wealth, capital-market access, merchant infrastructure, cross-border money movement and embedded finance. The ranking is not a funding table. It evaluates operating scale, trust, category leadership, technology depth, financial inclusion, institutional readiness and the ability to change how Asian consumers and businesses access financial services.
The 2019 edition is shaped by the maturity of Asian mobile payments, the rise of licensed digital banks, the expansion of alternative credit, the industrialization of merchant acquiring, and the emergence of fintech infrastructure companies serving platforms rather than only end users. The most influential companies were those that turned software, data and distribution into dependable financial systems.
The edition considers fintech-native companies, digital banks, licensed payment operators, digital insurance companies, online brokers, credit-technology platforms, wealth platforms, cross-border payments companies and embedded-finance operators whose financial technology activity had material 2019 influence. Conventional banks, pure investment funds, government agencies, universities, non-operating shells and individual leaders are excluded unless the operating model is technology-first and substantially financial.
50Companies in the final list
20Markets or market groups represented
7Weighted research dimensions
99Top 2019 influence score
Representative Standouts
Platform finance reached operating scale
The opening tier captures companies whose payments, banking, credit, insurance, merchant and infrastructure systems moved from product adoption into market architecture during the 2019 editorial window.
Ant Financial Services Group
99- Market
- China
- Category
- Payments, digital finance, wealth, credit technology and financial infrastructure
Ant Financial stands at the top of the 2019 edition because it converted everyday digital behavior into a sophisticated financial services platform. Its relevance was not limited to payments; it shaped merchant finance, consumer trust, online wealth and the architecture of digital financial access across China.
Tencent Holdings
98.2- Market
- China
- Category
- Payments, wallet services, wealth technology and embedded finance
Tencent represents the most powerful form of embedded fintech: financial services delivered at the point of conversation, consumption and daily utility. Its 2019 fintech influence came from proximity, habit and trust.
Lufax
97.5- Market
- China
- Category
- Online wealth, lending enablement and financial services marketplace
Lufax's 2019 significance came from its role as a bridge between technology, borrowers, investors and institutional finance. It demonstrated that fintech value could be created through financial intermediation infrastructure, not only consumer wallets.
One97 Communications
96.7- Market
- India
- Category
- Mobile payments, wallet services, merchant acceptance and digital financial services
One97 Communications carried exceptional 2019 influence because Paytm became a national benchmark for India's move from cash to app-based payments. Its importance lay in brand reach, merchant proximity and financial-service expansion.
WeBank
96- Market
- China
- Category
- Digital banking, inclusive credit and AI-enabled risk management
WeBank's 2019 importance came from proving that digital banking could be operationally serious, not simply a consumer app. It shaped the institutional standard for branchless banking in Asia.
Grab Financial Group
95.2- Market
- Singapore
- Category
- Payments, lending, insurance and merchant finance
Grab Financial Group mattered in 2019 because it used platform participation as a financial identity layer. It served consumers, drivers and merchants in markets where formal credit and insurance access remained uneven.
Full List
The complete 2019 ranking
Each row preserves the company's market, region, category, 2019 status, score, value signal, contribution and InfluenceAsia editorial rationale from the source dataset.
| Rank | Company | Score | Market / Region | Category / Status | 2019 Value Signal / Contribution |
|---|---|---|---|---|---|
| 1 | Ant Financial Services Group InfluenceAsia ranks Ant Financial first for defining the operating benchmark for Asian fintech scale. | 99 | China East Asia / Global | Payments, digital finance, wealth, credit technology and financial infrastructure Privately held fintech platform | Asia's most consequential private fintech platform by scale, breadth and institutional relevance. Ant Financial made mobile payment, merchant acceptance, digital savings, online credit and inclusive finance operate at a scale that few financial institutions in the world could match in 2019. |
| 2 | Tencent Holdings InfluenceAsia ranks Tencent for making finance inseparable from the everyday digital interface. | 98.2 | China East Asia / Global | Payments, wallet services, wealth technology and embedded finance Publicly listed technology group with a distinct fintech operating segment | One of Asia's largest consumer payment and fintech ecosystems. Tencent's fintech activity in 2019 made payment, transfer, wallet balance, wealth access and merchant acceptance part of a daily communication platform used by hundreds of millions of people. |
| 3 | Lufax InfluenceAsia ranks Lufax for its deep contribution to marketplace-based financial services in China. | 97.5 | China East Asia | Online wealth, lending enablement and financial services marketplace Privately held financial technology platform | A leading Chinese online finance platform with substantial wealth and credit relevance. Lufax remained one of the most important Chinese fintech companies in 2019 by combining online wealth access, lending facilitation, risk management and institutional financial distribution. |
| 4 | One97 Communications InfluenceAsia ranks One97 Communications for making Indian fintech visible at national scale. | 96.7 | India South Asia | Mobile payments, wallet services, merchant acceptance and digital financial services Privately held fintech and commerce platform | India's most visible consumer fintech platform in the 2019 digital payments cycle. One97 Communications, through Paytm, helped push Indian digital payments from early adoption into mainstream urban and semi-urban behavior, while expanding merchant tools and financial services adjacency. |
| 5 | WeBank InfluenceAsia ranks WeBank for advancing the credibility of digital banking at scale. | 96 | China East Asia | Digital banking, inclusive credit and AI-enabled risk management Privately held digital bank | One of Asia's most advanced digital banking models. WeBank showed in 2019 that a digital bank could combine large-scale customer reach, disciplined risk management and inclusive credit without a traditional branch network. |
| 6 | Grab Financial Group InfluenceAsia ranks Grab Financial Group for defining embedded finance across Southeast Asia. | 95.2 | Singapore Southeast Asia | Payments, lending, insurance and merchant finance Privately held embedded financial services platform | A defining Southeast Asian embedded-finance platform. Grab Financial Group expanded the meaning of fintech in Southeast Asia by linking payments, micro-insurance, merchant services and lending to real economic activity across multiple markets. |
| 7 | Gojek InfluenceAsia ranks Gojek for turning Indonesian platform activity into financial infrastructure. | 94.4 | Indonesia Southeast Asia | Payments, wallet services, merchant tools and embedded finance Privately held technology platform with major fintech operations | Indonesia's most influential embedded payment ecosystem. Gojek's financial technology activity made GoPay a core layer of Indonesian digital life, connecting consumers, drivers, merchants and services in a market where cash remained deeply embedded. |
| 8 | JD Digits InfluenceAsia ranks JD Digits for strengthening the enterprise and supply-chain side of Asian fintech. | 93.7 | China East Asia | Supply-chain finance, risk technology, payments and digital finance infrastructure Privately held digital technology and fintech platform | A major Chinese fintech infrastructure company linked to commerce and supply chains. JD Digits contributed to 2019 fintech through supply-chain finance, risk scoring, payments, merchant tools and financial technology services tied to real commerce flows. |
| 9 | ZhongAn Online P&C Insurance InfluenceAsia ranks ZhongAn for setting Asia's insurtech benchmark. | 92.9 | China East Asia | Insurtech, online insurance and insurance technology export Publicly listed digital insurance company | Asia's leading listed insurtech company. ZhongAn advanced online insurance in 2019 by applying technology to distribution, underwriting, claims and digital product design across high-frequency consumer scenarios. |
| 10 | KakaoBank InfluenceAsia ranks KakaoBank for proving the commercial seriousness of app-native banking. | 92.2 | South Korea East Asia | Digital banking, deposits, lending and mobile-first financial services Privately held licensed digital bank | One of Asia's most visible profitable digital banking stories. KakaoBank demonstrated in 2019 that digital banks could reach mass adoption, gather deposits, originate loans and become part of daily financial behavior in a sophisticated banking market. |
| 11 | Kakao Pay InfluenceAsia ranks Kakao Pay for advancing consumer fintech adoption in South Korea. | 91.4 | South Korea East Asia | Payments, transfers, bill payment, wealth and financial lifestyle services Privately held fintech platform | A leading Korean mobile payment and financial lifestyle platform. Kakao Pay deepened Korean fintech adoption in 2019 by making payments, transfers, bills and financial services accessible through a familiar mobile interface. |
| 12 | Viva Republica InfluenceAsia ranks Viva Republica for building one of Asia's strongest independent fintech brands. | 90.6 | South Korea East Asia | Financial super-app, transfers, credit, personal finance and digital brokerage adjacency Privately held fintech company | One of Korea's most important independent fintech challengers. Viva Republica, operator of Toss, made financial services simpler and more transparent for Korean users in 2019, building a high-trust consumer finance interface outside conventional bank channels. |
| 13 | PayPay Corporation InfluenceAsia ranks PayPay for accelerating Japan's cashless-payment inflection. | 89.9 | Japan East Asia | QR payments, mobile wallet services and merchant acceptance Privately held mobile payments company | Japan's most disruptive mobile payment adoption story. PayPay pushed Japan's cashless transition in 2019 by making QR payment adoption visible to consumers, small merchants and large retailers in a traditionally cash-heavy market. |
| 14 | PhonePe InfluenceAsia ranks PhonePe for helping define India's real-time payments economy. | 89.1 | India South Asia | UPI payments, bill payments, merchant acceptance and financial services Privately held mobile payments company | A leading Indian payments platform in the UPI era. PhonePe became one of India's most important fintech companies in 2019 by helping normalize bank-linked mobile payments for consumers and merchants across everyday use cases. |
| 15 | Policybazaar InfluenceAsia ranks Policybazaar for making digital insurance a mainstream Indian fintech category. | 88.4 | India South Asia | Insurtech, online comparison, digital distribution and consumer financial protection Privately held digital insurance marketplace | India's defining digital insurance distribution platform. Policybazaar made insurance discovery more transparent in 2019 by bringing comparison, education and digital purchase behavior into a category that had long depended on offline distribution. |
| 16 | Pine Labs InfluenceAsia ranks Pine Labs for making merchant infrastructure a core fintech value field. | 87.6 | India South Asia / Southeast Asia | Point-of-sale payments, merchant commerce, issuing technology and stored-value infrastructure Privately held merchant payment technology company | A leading Asian merchant payment infrastructure company. Pine Labs strengthened the merchant side of Indian fintech in 2019 through smart terminals, acceptance technology, installment capabilities and enterprise-grade payment infrastructure. |
| 17 | BillDesk InfluenceAsia ranks BillDesk for carrying critical infrastructure value in Indian payments. | 86.8 | India South Asia | Payment gateway, bill payment, recurring payment and enterprise payment infrastructure Privately held digital payments company | One of India's most important payment infrastructure companies. BillDesk remained essential to India's digital payments system in 2019 by supporting billers, enterprise merchants, online checkout, recurring payment flows and multi-method acceptance. |
| 18 | Razorpay InfluenceAsia ranks Razorpay for raising the product standard in Indian payment infrastructure. | 86.1 | India South Asia | Payment gateway, developer payments, payouts and SME financial tools Privately held payments and business banking company | A high-growth Indian payments infrastructure challenger. Razorpay advanced Indian fintech in 2019 by simplifying online payment acceptance, refunds, payouts, subscriptions and business financial workflows for digital-first companies. |
| 19 | OVO InfluenceAsia ranks OVO for its role in mainstreaming Indonesian digital wallet usage. | 85.3 | Indonesia Southeast Asia | Mobile wallet, payments, merchant acceptance and financial services Privately held digital wallet company | One of Indonesia's leading digital wallet platforms. OVO helped widen Indonesian digital payment adoption in 2019 by connecting urban consumers, offline merchants, rewards behavior and platform transactions into a single wallet experience. |
| 20 | MoMo InfluenceAsia ranks MoMo for setting the consumer fintech benchmark in Vietnam. | 84.6 | Vietnam Southeast Asia | E-wallet, money transfer, bill payment and financial services marketplace Privately held mobile payments company | Vietnam's leading consumer e-wallet platform. MoMo became a defining Vietnamese fintech company in 2019 by expanding mobile wallet usage, bill payment, peer transfer and merchant services in a market entering faster digital finance adoption. |
| 21 | VNPAY InfluenceAsia ranks VNPAY for building critical payment rails in Vietnam. | 83.8 | Vietnam Southeast Asia | Payment gateway, QR payments, banking connectivity and merchant infrastructure Privately held payment technology company | A major Vietnamese payment infrastructure platform. VNPAY strengthened Vietnam's digital payment architecture in 2019 by advancing QR payments, bank-linked payment services, merchant acceptance and enterprise payment connectivity. |
| 22 | MYbank InfluenceAsia ranks MYbank for advancing digital banking for small and micro-enterprises. | 83 | China East Asia | SME lending, digital banking and inclusive credit Privately held digital bank | One of China's leading digital banks focused on small and micro businesses. MYbank expanded the reach of digital credit in 2019 by serving small merchants, farmers and micro-enterprises that traditional credit processes often failed to serve efficiently. |
| 23 | OneConnect Financial Technology InfluenceAsia ranks OneConnect for strengthening the institutional technology layer of Asian finance. | 82.3 | China East Asia / Global | Financial institution technology, risk systems, AI, blockchain and digital transformation Publicly listed financial technology services company | A leading Chinese fintech SaaS and transformation platform for financial institutions. OneConnect advanced institutional fintech in 2019 by supplying technology for digital banking, insurance, risk management, identity, operations and data-driven financial workflows. |
| 24 | 360 Finance InfluenceAsia ranks 360 Finance for its scale in China's digital consumer-credit market. | 81.5 | China East Asia | Consumer credit, risk analytics and loan facilitation Publicly listed digital consumer finance company | A major Chinese listed digital credit platform. 360 Finance remained a significant 2019 fintech company by applying data-driven risk assessment and digital acquisition to consumer credit facilitation at scale. |
| 25 | LexinFintech InfluenceAsia ranks LexinFintech for shaping China's installment-credit fintech category. | 80.8 | China East Asia | Consumer finance, installment payments, online credit and financial services Publicly listed financial technology company | A leading listed Chinese consumer-finance fintech platform. LexinFintech contributed to 2019 fintech by developing digital credit experiences for young consumers, linking installment commerce, risk management and financial institution funding. |
| 26 | Futu Holdings InfluenceAsia ranks Futu for modernizing retail investing access in Greater China. | 80 | Hong Kong / China East Asia / Global | Digital brokerage, wealth technology, market data and investor community Publicly listed online brokerage and wealth platform | A high-profile listed online brokerage platform in the 2019 market cycle. Futu advanced digital investing in 2019 by making securities trading, market data, account interaction and investor education more accessible through a technology-first brokerage platform. |
| 27 | UP Fintech Holding InfluenceAsia ranks UP Fintech Holding for expanding Asian digital brokerage access. | 79.2 | China / Singapore East Asia / Southeast Asia / Global | Digital brokerage, cross-border investing and mobile securities trading Publicly listed online brokerage company | A notable listed Asian online brokerage challenger. UP Fintech Holding, operating through Tiger Brokers, expanded digital brokerage participation in 2019 by improving mobile access to equities and global market participation for Asian retail investors. |
| 28 | Airwallex InfluenceAsia ranks Airwallex for elevating cross-border payments into strategic business infrastructure. | 78.5 | Hong Kong / Australia Asia Pacific / Global | Cross-border payments, FX, business accounts and payment infrastructure Privately held cross-border payments company | A leading Asia-Pacific cross-border payments scale-up. Airwallex became a major 2019 fintech company by solving cross-border money movement for digital businesses, marketplaces and exporters operating across Asian and global corridors. |
| 29 | Nium InfluenceAsia ranks Nium for strengthening Asia's role in global payments infrastructure. | 77.7 | Singapore Southeast Asia / Global | Cross-border payments, remittance, card issuing and payment infrastructure Privately held global payments platform | A Singapore-based payments company moving from remittance toward global infrastructure. Nium's 2019 transition from a remittance-led business into a broader global payments platform signaled the rise of Singapore as a base for fintech infrastructure companies. |
| 30 | WeLab InfluenceAsia ranks WeLab for advancing Hong Kong's digital banking and online credit ecosystem. | 77 | Hong Kong East Asia / Southeast Asia | Digital lending, consumer finance, virtual banking and credit technology Privately held fintech company and digital banking entrant | A leading Hong Kong fintech company entering digital banking. WeLab's 2019 significance came from its ability to connect consumer finance technology, online credit operations and Hong Kong's new virtual banking direction. |
| 31 | FinAccel InfluenceAsia ranks FinAccel for defining digital credit in Southeast Asia. | 76.2 | Singapore / Indonesia Southeast Asia | Deferred payment, consumer credit and real-time underwriting Privately held digital credit company | One of Southeast Asia's strongest digital credit platforms. FinAccel, through Kredivo, advanced 2019 fintech by making instant credit available in Indonesian e-commerce and offline purchase journeys through technology-led underwriting. |
| 32 | DANA InfluenceAsia ranks DANA for accelerating wallet competition and consumer adoption in Indonesia. | 75.4 | Indonesia Southeast Asia | Digital wallet, payments, transfer and merchant acceptance Privately held digital wallet company | A fast-rising Indonesian wallet with national consumer relevance. DANA moved quickly in 2019 to become a visible Indonesian fintech brand, expanding wallet adoption, transaction frequency and cashless payment behavior in a young digital market. |
| 33 | Mynt InfluenceAsia ranks Mynt for shaping the Philippines' mobile financial services market. | 74.7 | Philippines Southeast Asia | Mobile wallet, payments, savings, credit and financial inclusion Privately held mobile financial services company | The operator of one of the Philippines' most important mobile finance platforms. Mynt, through GCash, helped expand digital financial access in the Philippines in 2019 by linking wallet usage, bills, transfers, savings and merchant payments for a broad consumer base. |
| 34 | Voyager Innovations InfluenceAsia ranks Voyager Innovations for expanding the Philippine digital payment ecosystem. | 73.9 | Philippines Southeast Asia | Mobile wallet, merchant payments, remittance and digital financial services Privately held digital financial services company | A major Philippine fintech platform competing for wallet and merchant payment adoption. Voyager Innovations, through PayMaya, broadened Philippine fintech competition in 2019 by supporting wallet payments, merchant acceptance, digital remittance and business payment tools. |
| 35 | Ascend Money InfluenceAsia ranks Ascend Money for advancing practical financial inclusion in Southeast Asia. | 73.2 | Thailand Southeast Asia | E-wallet, payments, remittance and agent-based financial services Privately held fintech company | A leading Thai and Southeast Asian financial inclusion platform. Ascend Money contributed to 2019 fintech by expanding digital payment and remittance access through wallet services and physical-digital agent networks across Southeast Asian markets. |
| 36 | 2C2P InfluenceAsia ranks 2C2P for providing enterprise-grade payment infrastructure across Southeast Asia. | 72.4 | Singapore / Thailand Southeast Asia | Payment processing, online checkout, offline payment and enterprise acceptance Privately held payments platform | A leading regional enterprise payments infrastructure provider. 2C2P played an important 2019 role by reducing payment fragmentation for regional merchants, airlines, platforms and enterprises operating across Southeast Asia. |
| 37 | Omise InfluenceAsia ranks Omise for advancing developer-friendly payment infrastructure in Asia. | 71.6 | Thailand / Japan East Asia / Southeast Asia | Payment gateway, merchant payments and API-based payment services Privately held payments technology company | A recognized Asian payment gateway with multi-market relevance. Omise contributed to 2019 fintech by giving merchants a more modern way to accept online payments, manage checkout and localize payment methods in Asian markets. |
| 38 | Xendit InfluenceAsia ranks Xendit for strengthening payment infrastructure for Southeast Asian digital businesses. | 70.9 | Indonesia Southeast Asia | Payment gateway, payouts, collections and business payment infrastructure Privately held payment infrastructure company | A rising Indonesian payments infrastructure company. Xendit represented the new generation of Southeast Asian payment infrastructure in 2019, serving startups and digital merchants that required fast integration, local methods and reliable settlement. |
| 39 | Funding Societies InfluenceAsia ranks Funding Societies for advancing SME credit access through fintech. | 70.1 | Singapore / Indonesia Southeast Asia | SME lending, marketplace finance and working-capital technology Privately held SME financing platform | A leading Southeast Asian SME finance platform. Funding Societies expanded 2019 fintech by addressing working-capital gaps for SMEs across Southeast Asia through digital origination, risk assessment and marketplace finance. |
| 40 | YouTrip InfluenceAsia ranks YouTrip for making multi-currency consumer payments a visible fintech category. | 69.4 | Singapore Southeast Asia | Travel payments, multi-currency wallet and consumer FX Privately held multi-currency wallet company | A fast-rising Singapore fintech brand in multi-currency payments. YouTrip gave Southeast Asian consumers a simpler way to manage cross-border spending in 2019, linking wallet design, foreign exchange and travel payment behavior. |
| 41 | Money Forward InfluenceAsia ranks Money Forward for elevating financial management software in Japan. | 68.6 | Japan East Asia | Personal financial management, accounting SaaS and financial data aggregation Publicly listed fintech and SaaS company | One of Japan's leading listed fintech software companies. Money Forward contributed to 2019 fintech by turning account aggregation, financial visibility and cloud-based back-office tools into mainstream software services for Japanese users and SMEs. |
| 42 | freee K.K. InfluenceAsia ranks freee for defining the fintech SaaS layer for Japanese small businesses. | 67.8 | Japan East Asia | Cloud accounting, SME finance operations and back-office automation Publicly listed cloud accounting and finance software company | A landmark Japanese fintech SaaS listing. freee advanced 2019 fintech by modernizing financial administration for Japanese SMEs, turning accounting and compliance workflows into cloud-based software services. |
| 43 | Paidy InfluenceAsia ranks Paidy for shaping Japan's emerging checkout finance market. | 67.1 | Japan East Asia | Deferred payment, consumer credit and checkout finance Privately held payments and instant credit company | Japan's leading instant credit and post-pay fintech specialist. Paidy expanded Japan's checkout finance category in 2019 by giving consumers a cardless, mobile-optimized payment alternative and giving merchants a way to reduce checkout friction. |
| 44 | Zerodha InfluenceAsia ranks Zerodha for transforming retail brokerage economics in India. | 66.3 | India South Asia | Digital brokerage, low-cost investing, trading technology and financial education Privately held online brokerage company | India's most influential independent digital brokerage platform. Zerodha became central to Indian capital-market fintech in 2019 by lowering trading costs, improving brokerage technology and bringing more retail investors into digital market access. |
| 45 | MobiKwik InfluenceAsia ranks MobiKwik for its role in broadening wallet-led financial services in India. | 65.6 | India South Asia | Mobile wallet, payments, consumer credit and financial services Privately held mobile wallet and fintech company | A long-standing Indian wallet company repositioning toward broader fintech services. MobiKwik remained relevant in 2019 by using wallet relationships to build financial services for Indian consumers who needed small-ticket, mobile-led credit and payment tools. |
| 46 | ACKO InfluenceAsia ranks ACKO for advancing direct digital insurance in India. | 64.8 | India South Asia | Insurtech, digital general insurance and embedded protection Privately held digital insurance company | India's leading digital-first general insurance challenger. ACKO advanced Indian insurtech in 2019 by making digital insurance more direct, modular and suited to online consumer journeys, especially in mobility and protection categories. |
| 47 | Rapyd InfluenceAsia ranks Rapyd for extending Asian fintech influence into global embedded-payment infrastructure. | 64 | Israel / Singapore West Asia / Southeast Asia / Global | Fintech-as-a-service, local payments, wallet infrastructure and global money movement Privately held payment infrastructure company | A fast-rising global fintech infrastructure company with Asian roots. Rapyd emerged in 2019 as a significant fintech infrastructure company by offering businesses a way to integrate local payment methods, wallets, collections and disbursements through software. |
| 48 | Payoneer InfluenceAsia ranks Payoneer for its durable role in global cross-border payments. | 63.3 | Israel / Global West Asia / Global | Cross-border payments, marketplace payouts, freelancer payments and working capital Privately held cross-border payments company | One of the most established Asian-founded global payments companies. Payoneer remained highly relevant in 2019 by supporting cross-border payment needs for exporters, digital sellers, freelancers and platform-based businesses participating in global commerce. |
| 49 | eToro InfluenceAsia ranks eToro for its role in globalizing Asian-founded investment technology. | 62.5 | Israel West Asia / Global | Online investing, social trading, crypto trading and retail market access Privately held social trading and investment platform | A globally visible Asian-founded investment technology platform. eToro contributed to 2019 fintech by expanding social investing, digital trading access and multi-asset participation for retail users in multiple markets. |
| 50 | Network International InfluenceAsia ranks Network International for anchoring payment infrastructure in West Asia and adjacent growth markets. | 61.8 | United Arab Emirates West Asia / Middle East and Africa | Merchant acquiring, issuer processing and digital commerce enablement Publicly listed payments technology company | The region's most visible payments infrastructure listing in 2019. Network International made payments infrastructure strategically visible in 2019 by showing the value of merchant acquiring, processing and digital commerce enablement across fast-modernizing markets. |
Methodology
How the list was built
The ranking applies a structured company universe, eligibility review and weighted fintech influence scoring process focused on operating scale, category leadership and institutional relevance.
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Company Universe Formation
InfluenceAsia formed a 2019 fintech company universe across payments, digital banking, lending, insurance technology, wealth technology, brokerage, merchant acquiring, cross-border payments and financial infrastructure.
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Eligibility Review
Companies were reviewed for operating reality, Asian relevance, financial technology focus, 2019 market presence and material contribution to digital financial services. Conventional banks, pure funds, government agencies, universities, non-operating shells and individual leaders were excluded.
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Fintech Impact Scoring
Each company was assessed across seven weighted dimensions: 2019 fintech scale signal, category leadership, technology and data advantage, financial inclusion, institutional trust, regional influence and durability of model.
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Sector and Market Balance
The final ranking balances mega-scale platforms, independent fintech challengers, digital banks, payment infrastructure companies, insurtech leaders, credit platforms, wealth technology firms and regional financial access specialists.
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Publication Standard
Entries are written from a 2019 publication perspective and use company-level language suitable for direct editorial presentation under the InfluenceAsia ranking identity.
- 2019 Fintech Scale SignalVisible operating scale during the 2019 annual window, including user reach, transaction relevance, merchant penetration, account growth, credit volume, insurance activity, brokerage adoption, enterprise usage or platform integration. 22
- Category LeadershipThe company's leadership inside a defined fintech category such as mobile payments, digital banking, SME finance, consumer credit, digital insurance, online brokerage, cross-border payments or merchant infrastructure. 18
- Technology and Data AdvantageThe company's use of software architecture, risk engines, data models, mobile interfaces, payment rails, APIs, automation, fraud control or underwriting technology to create a superior financial service. 16
- Financial Inclusion and AccessThe company's ability to expand practical access to payments, credit, savings, insurance, investment or business finance for consumers, micro-merchants, SMEs, gig workers and underbanked populations. 14
- Institutional Trust and Regulatory ReadinessThe company's compliance posture, licensing relevance, disclosure maturity, risk management, partner readiness and ability to operate inside regulated financial markets. 12
- Regional and Cross-Border InfluenceThe company's importance beyond a single niche, including multi-market reach, cross-border money movement, regional platform relevance or influence on adjacent Asian fintech ecosystems. 10
- Durability of ModelThe strength of the company's business model, unit economics direction, product breadth and ability to remain relevant through changing market, credit and regulatory cycles. 8
Notes
Copyright and legal statement
Copyright Notice
Copyright 2019 InfluenceAsia. All rights reserved. The ranking structure, editorial wording, scoring presentation, research dimensions and company profiles are prepared as an InfluenceAsia independent editorial work.
Independence Statement
Inclusion in InfluenceAsia 50: Asia's Top Fintech Companies 2019 does not imply sponsorship, endorsement, partnership, nomination, payment, approval or participation by any listed company, shareholder, executive or affiliated organization.
Editorial Nature
The ranking is an editorial and research product. It is not investment advice, valuation advice, legal opinion, accounting certification, commercial due diligence or a recommendation to buy, sell, finance or partner with any company.
Fintech Interpretation
Financial technology influence is assessed through operating scale, product execution, technology depth, financial access, institutional relevance and the company's role in changing how financial services were delivered during the 2019 editorial window.
Company Accuracy
Company names, markets, status descriptions and sector summaries are presented according to the 2019 editorial window and should be checked before republication where listings, names, ownership or corporate organization may change.
Reuse Terms
The dataset may be used to prepare InfluenceAsia-branded ranking pages, annual features, company cards, institutional profiles and structured web content, provided the ranking identity and editorial integrity are preserved.