Southeast Asia’s tech landscape shares so many similarities with China’s of five to ten years ago with its maturing internet infrastructure as well as a swift transition to smart and mobile devices. No wonder a plethora of Chinese companies are flocking to the Southeast Asia market in an attempt to duplicate their domestic success in growing Southeast Asian destinations.

Along with this trend, not only internet giants like Xiaomi and Alibaba are targeting at the market as a means of business expansion, but also Chinese startups who find huge possibilities in the area are developing products solely for the territory.

Silot, a fintech startup based in Beijing and Singapore, is one of the companies that is leading this trend. It develops loyalty exchange programs and regional settlement networks across Southeast Asia and other emerging markets. The startup provides settlement and payment solutions as well as marketing and campaign services.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.