On the development of microfinance institutions, fintech will stimulate the revival of easy-to-use commerce and online business and change the complexities in how the market operates. Technological advances have encouraged innovative financing and market-based financing solutions that allow for more financial democratization for small businesses and entrepreneurs that have an innovative business idea. Currently, in terms of regional solidarity, Indonesia, Malaysia, Thailand and Singapore are expected to become the new Fintech powers in the Asian region. In that way, fintech not only represents a component of financial services innovation but it can also fill the financing gap for more than 200 million microfinance businesses in Southeast Asia worth nearly US$300 billion per year