European fintech Cleo AI successfully captured the US market with its financial advice chatbot, surpassing Monzo Bank's customer base in the UK. Southeast Asian fintechs are bridging the lending gap in the region, leveraging customer data. Microcredit providers like Tala offer loans to emerging-market consumers, adapting to evolving data privacy regulations. Chinese fintech companies face regulatory pressures and declining profitability, while e-commerce companies can guide fintechs in customer retention and engagement.

Fintech Innovations and Challenges