Desfran Consulting

Taiwan is becoming an attractive destination for Foreign Direct Investments (FDIs). A global leader in manufacturing products for the information technology sector, Taiwan relies its economy heavily on exports of high-tech and consumer goods. As technology advances, and regulations make business environments more conducive, the entry of foreign companies into the Taiwan market becomes more seamless .

Taiwan has a mature and ideal market for field-testing new business models. Backed with robust financial and data infrastructure, the nation has a high penetration of internet, credit cards, smartphones, providing a stable ground for FinTech to maximise the development of effectiveness. Yet, there has been a slow thaw due to several challenges and regulatory constraints  in Taiwan on FinTech developments .