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David Zhang is the regional market insight manager in Asia Pacific. Based in Singapore, he spearheads Euromonitor’s services research in Asia Pacific, covering payments and lending, automotive, and consumers and economies. David leads research across multiple global and regional reports, collaborating with leading payment firms, banks, big techs, and automotive manufacturers. His professional interests include embedded finance, commercial payments, the digital wallet, Gen AI, and electric vehicles.
From 2019 to 2022, David worked in United Overseas Bank’s TMRW Digital Group, providing market intelligence and performance tracking, while supporting strategic planning for both internal and external communications. He has also commissioned external agencies on FinTech scanning, competitor tracking and consumer research. He has more than 15 years of industry experience, with 10 years in market research, and over six years in finance. David has spoken at the Sibos 2024 global conference in commercial payment reconciliation, and was invited by UnionPay HQ for a keynote speech on cross-border transaction in its 2023 global member council meeting. He also attends interviews regularly by Asian Banking & Finance.
The pet care industry has been undergoing digital transformation. The global market value size of pet care is set to reach USD207 billion in 2025, presenting great opportunities to embed finance across the key phases in the customer journey.
In February 2025, Grab and GoTo, the two leading ride hailing firms in Southeast Asia, were reportedly in merger discussions. Share price declines for both (versus the price of their IPOs), challenges in growing market share individually, and headwinds on the path to profitability are the key drivers for the potential merger.
Annual Fintech Summit Singapore is set to reshape the fintech landscape by fostering conversations in finance, legislation, and technology.