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Money20/20 Asia 2024: Final Recap With Highlights and New Insights

Wrapping up its three-day run at the Queen Sirikit National Convention Centre in Bangkok, Money20/20 Asia 2024 concluded with a plethora of engaging sessions, dynamic discussions, and enlightening insights. As attendees bid adieu to this vibrant event, their reflections resonate with the sentiment of a genuinely enriching gathering that has illuminated the path for the future of finance across the Asia-Pacific region and set new benchmarks for collaboration and innovation.

From captivating keynote sessions to lively networking events, the conference provided a dynamic platform for dialogue, exchange, and inspiration. Now, let’s delve into the highlights and key takeaways from this year’s event, where participants collectively charted the course for the next frontier in finance.

LHoFT Leading the Fintech Collaborations

Amidst the bustling atmosphere of Money20/20 Asia in Bangkok, The Luxembourg House of Financial Technology (LHoFT) orchestrated a remarkable collaboration display. Against the backdrop of this prestigious event, ten Memoranda of Understanding (MoUs) were signed, symbolising a pivotal moment in the evolution of fintech within the region. Nasir Zubairi, the CEO of the LHoFT Foundation, spearheaded this initiative, solidifying alliances with crucial FinTech associations in Southeast Asia.

The drive towards financial inclusion was central to LHoFT’s mission—a theme that resonated deeply throughout the day’s proceedings. Through use-case presentations and expert sessions, stakeholders delved into the transformative power of fintech in driving positive change across the region. With a focus on innovation and development, LHoFT is positioned as a catalyst for shaping the future of financial services in Luxembourg and Southeast Asia.

Malaysia’s FinTech Revolution

Dr Wong Huei Ching, Executive Director for Digital Strategy and Innovation at the Securities Commission Malaysia, elucidated Malaysia’s fintech journey in a session titled “Malaysia’s Fintech Revolution: Navigating the Path to Global Leadership with the SC.” Dr. Wong emphasised Malaysia’s commitment to fostering innovation while ensuring investor protection and financial inclusion. She highlighted the collaborative ethos driving Malaysia’s fintech ecosystem, underscoring the nation’s readiness to embrace innovation for societal advancement. Dr Wong’s insights portrayed Malaysia as a thriving hub for fintech innovation, poised to lead on the global stage.

Unveiling Business Priorities in APAC

Source: LinkedIn

Pooja Krishna Dhanothia, Director and Head of Asia – Marketing Solutions at LinkedIn, provided invaluable insights into the evolving landscape of payment solutions in Asia-Pacific. Dhanothia’s keynote shed light on business leaders’ decision-making process, emphasising the importance of brand familiarity and differentiation in a competitive market. Her observations highlighted the burgeoning opportunities for payment solution providers amidst rapid innovation and increasing market saturation.

Empowering Small Businesses and Redefining Financial Frontiers

The event also featured compelling discussions on empowering small businesses and redefining financial frontiers. Visionary leaders shared their perspectives on innovative approaches to support micro and small businesses globally. Charles Li, Founder and Chairman of Micro Connect, Hong Kong’s latest unicorn, highlighted the importance of daily revenues over traditional financial models. Insights into Micro Connect’s Southeast Asia expansion showcased its commitment to global empowerment and challenged conventional paradigms in finance.

Money at Sundown

In addition to the enriching sessions and insightful discussions, Money20/20 Asia 2024 offered attendees unique opportunities to connect and unwind through captivating networking events. These events fostered meaningful connections and showcased the region’s vibrant energy and cultural richness.

Immediately after the show floor closed on the first day, attendees were invited to join “Money At Sundown” to unwind and discuss the day’s main talking points with peers. Against the backdrop of a beautiful sunset sprawling across the lake and park opposite, participants enjoyed bespoke cocktails and lively conversations. The event featured DJ sets, live performances, networking opportunities, drinks, dancing, and unforgettable moments, making it the most energetic gathering at Money20/20.

Money Under Moonlight

The following day, beneath the enchanting glow of a full moon, attendees gathered for “Money Under Moonlight,” a celebration of Asia’s rich cultures amidst a sea of lanterns and candles. Transforming the night into a luminous experience, the event provided a warm and inviting atmosphere for networking, forging new friendships, and enjoying live DJ performances. Unique cocktails added to the ambience, making it a remarkable event that encapsulated the spirit of Money20/20 Asia.

Conclusion

In summary, Money20/20 Asia 2024 has been a pivotal platform for fostering collaboration, innovation, and insights within the fintech industry across the Asia-Pacific region. From illuminating discussions on Web3’s transformative potential to Malaysia’s fintech revolution and insights into evolving payment solutions, the event has offered invaluable perspectives and opportunities for stakeholders.

Moreover, LHoFT’s signing of ten Memoranda of Understanding (MoUs) underscores the collaborative spirit permeating the event, symbolising a concerted effort to drive positive change and innovation within the fintech sector. As participants depart with newfound insights and connections, the legacy of Money20/20 Asia 2024 continues to inspire a future where technology, finance, and empowerment converge to create a more inclusive and prosperous society.