The financial system is on the verge of massive disruption. Innovative competitors operating on sleek business models and offering new alternative services are entering at the bottom of the market, where gross margins are low and latent demand is high. As these new entrants scale and progress through higher market segments, they will erode incumbent pricing power.
FinTech, financial industry, Asia, Singapore
Asian Studies | Finance and Financial Management
Asian Management Insights
Singapore Management University
LEE, David Kuo Chuen.
On the edge of disruption. (2015). Asian Management Insights. 2, (2), 78-83. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/4870
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