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HSBC Global Investment Research

Report published June 15, 2026

HSBC Digital Finance Forum Handbook: Strategic Insights on Global Fintech Trends

HSBC Global Investment Research · June 15, 2026

This handbook provides key discussion points and analysis for 23 fintech leaders ahead of HSBC's 6th Global Digital Finance Forum. It covers industry trends across neobanking, BNPL, crypto infrastructure, and mobile money in emerging markets.

Read the remaining 4 pages

Finvaulta summarizes HSBC Global Investment Research's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.Super app convergence is a major industry theme as players like Kaspi, Grab, and MTN replicate the WeChat-like flywheel of payments, commerce, and lending.
  • 2.AI is being integrated into banking workflows to reshape unit economics, with companies like Nu, Capitec, and PB Fintech focusing on AI-native or AI-augmented models.
  • 3.Financial infrastructure is evolving, with payments moving away from bank-centric models, exemplified by stablecoin platforms and fintech-specific licenses.

Table of Contents

  • Nu Holdings
  • PayPal
  • Capitec
  • MTN Group
  • Vodacom Group
  • Kaspi
  • Grab Holdings
  • Safaricom
  • PB Fintech
  • Derayah
  • PicPay
  • OSL Group
  • Fawry
  • Agi Inc
  • Aplazo
  • Banco Neon
  • Clip
  • Credits
  • Klar
  • Konfio
  • Plata
  • Stori
  • Uala
  • Valuation and risks

Report data

Valuation comparisons

MetricEstimateContext
NU Holdings Implied Upside55.9%Valuation comparison
Source: HSBC estimates. This is a dated model snapshot, not a live forecast.

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