In 2022, Taiwan’s financial sector is set to reach significant milestones with this being driven by innovative financial technology (fintech) companies and the launch of digital pureplay banks such as NEXT. Consumer credit gross lending will enjoy strong growth in the forthcoming period fuelled by a recovery in auto lending and card transactions.
Moneybook is one of the six registered TSPs (third party service provider) and the first TSP operator in Taiwan to implement open API applications. Designed to help consumers manage their financial situation, it is the only expense tracker app on the market with an open financial model.
It is crucial for BNPL companies to develop a model to assess the consumer’s credit worthiness. The assessment model will enable companies to deliver a more seamless service.
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Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Consumer Credit industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Non-mortgage consumer debt extended to individuals for personal or household use including installment loans and credit cards. Examples of consumer credit include auto lending, card lending, durables lending, education lending, home lending and other personal loans. Consumer credit includes both revolving and non-revolving credit.See All of Our Definitions
This report originates from Passport, our Consumer Credit research and analysis database.
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