Asian countries are leading the world in fintech, with mobile and digital wallet capabilities that significantly outpace those in the United States, where paper checks still prevail.
Fortune's inaugural list of Fintech Innovators Asia showcases major players like Ant Group and Tencent, who are revolutionizing consumer shopping and payment systems across the continent.
Companies like Dana and GCash are examples of local fintech innovations that have transformed everyday commerce in their respective regions, achieving significant user bases and regional dominance.
Digital banks such as WeBank and KakaoBank have evolved from disruptors to major financial players, altering traditional concepts of banking in Asia.
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