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Ewa startups face challenges as consolidation trends emerge in Southeast Asia

Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.

Ewa startups face challenges as consolidation trends emerge in Southeast Asia

Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
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