IOUpay Limited (ASX: IOU) released an investor presentation that explores the IOUpay Platform and the upside for merchants and customers. IOU provides fintech and digital commerce software and services in South East Asia (SEA) to enable its institutional customers to securely authenticate end-user customers and process banking, purchase and payment transactions.
The SEA Opportunity
"The adoption of Digital Payments in SEA has finally reached the inflection point and is expected to cross US$1 trillion by 2025, accounting for almost one in every two dollars spent in the region. Credit cards and ATM's are on a sharp decline as many e-money surges to more than 50% of all payment volumes."
See the full investor presentation here.
