ABSTRACT

Today, as over the last decade, Cambodia has witnessed a paradigm shift in the financial services sector, from traditional financial services into brand new internet and mobile applications, popularly called the Fintech revolution. However before the emergence of the new Fintech companies, the regulatory developments in Cambodia and still underway and which is not completely applicable due to permanent development of the Fintech Ecosystem, due also to the countryless status of Fintech companies, which can be located and operated anywhere in the world. The report will try to understand and illustrate the business models taking place in the world and in Cambodia and how it will affect our daily life. Also we will also look at the regulatory side, in order to understand how it is affecting the Cambodian traditional, old-fashioned and overcrowded financial services sector and how consumer could be protected despite continuing innovation.