Just to further my point of South East Asia being an untapped market for banking and digital payments...This is why IOU's careful and systematic approach will grow the SP to $1 or more. Technical assurance, legalities (licenses) and actual demand will contribute to IOU's success.
I speculate Aaron will focus on Unbanked sector, the underbanked or banked sector is crowded. This is why Indo is attractive. Aaron main challenge is to create a reliable authentication system and get it aligned with regulatory rules in indo. High smart phone penetration in SEA is an infectious way for quick adaptation in the region.
https://www.bain.com/insights/fulfilling-southeast-asias-digital-financial-services-promise/
$1 Club, page-7945
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