Finance Blocks $FBX is expanding both the product range and market to target Asia at the perfect time.
Recently acquired by KXCO.io $FBX is set to launch a new product range in Asia during Token2049 in Singapore and establish offices in the region.
Already a Singapore entity FBX will be relocating HQ to Bangkok in to the KXCO.io offices and marketing throughout South East Asia.
- Finance Blocks is a KXCO blockchain powered fintech platform that provides an array of digital solutions to financial institutions.
- Knights FBX offers innovative financial solutions such as remittance, securitization & tokenization, payroll solutions, brokerage and investments, pos & merchant services, FX management, asset management, BNPL solutions, on & off ramp solutions, loan origination, metaverse and web3 solutions, & data monetization.
- Neobank projects in MENA, South Asia, and Latin America markets.
- Knights $FBX Blocks Foundation works to create change socio-economic status and social impact in the communities in which we operate
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USD 33.97 Trillion growth opportunity in IT Spending Market size in Southeast Asia 2026 – Technavio
According to the latest market research report titled IT Spending Market in southeast Asia by Type (Hardware, Services, and Software) and Geography (Malaysia, Singapore, Thailand, Indonesia, and Rest of Southeast Asia) from Technavio, the market is expected to expand at a healthy CAGR of 8.4%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Acer Inc., Alphabet Inc., Apple Inc., ASUSTeK Computer Inc., Broadcom Inc., Capgemini Service SAS, Cisco Systems Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., Oracle Corp., Samsung Electronics Co. Ltd., SAP SE, and Tata Consultancy Services Ltd. are some of the major market participants.
The increased adoption of mobility solutions in Southeast Asia, the rise of IoT solutions, and the proliferation of data will offer immense growth opportunities, which is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this IT spending market in southeast Asia forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.