Alpaca says demand for international investing is driving its Southeast Asia expansion. The Singapore licence process is the next regulatory milestone to watch.
Amazon’s announcement of USD 33 billion in Southeast Asia infrastructure is a 13-year commitment with immediate relevance. Data center capacity, AI compute access, and cloud-native financial services are inseparable in 2026.
With DuitNow-QRIS already commercially live, the May 2026 MoU points toward deeper infrastructure alignment between Malaysia and Indonesia's financial systems.