Difficulty to conform to local regulations for FinTechs Philippines 2018

Published by Statista Research Department, Dec 19, 2022
This statistic displays the results of a survey asking financial technology or FinTech related companies in Philippines on their perception on the difficulty to conform to local regulations. During the survey period, 11 percent of respondents located in the Philippines reported to have found it easy to adapt to local regulations.

Difficulty to conform to local regulations for FinTechs in Philippines as of January 2018

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Release date

February 2018

Region

Philippines

Survey time period

January 2018

Number of respondents

251*

Age group

18-64 years

Special properties

80 percent of the respondents are CEOs with 57 percent are being serial entrepreneurs of FinTech or FinTech related companies.

Method of interview

Online survey

Supplementary notes

* Only applicable for all ASEAN countries; share of respondents located in Philippines amounted to 7 percent.

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