EP 416 - Is B2B FinTech Quietly Running Asia’s Economy? - Raunak Dembla and Daniel Keki

FinTech headlines often focus on consumer apps, but the bigger economic story in Asia may be happening in business finance. B2B fintech targets the problems that shape real growth: helping companies get paid, manage working capital, move money across supply chains, and access services like lending, payments, and treasury in a reliable way.

In this episode of the Asia Tech Podcast, Daniel Keki, Head of Revolut Business Singapore, and Raunak Dembla, a founding member at Decentro, explain why B2B FinTech may be Asia’s quiet economic engine.

Some of the topics that Daniel and Raunak discussed in detail included:

• Southeast Asia’s real challenge is not “competition”—it’s fragmentation
• In India, the regulator’s north star is simple: protect the consumer and prevent system stress
• The most underappreciated innovation in B2B is not “new products”—it’s onboarding
• Agentic AI doesn’t kill platforms—it makes APIs more valuable and shifts the “front end” into conversation
• B2B FinTech in Asia is not a sprint—it’s a marathon built under pressure from customers