Splitit partnered with UAE-based BNPL provider tabby, and Singapore-based fintech Fave launched its BNPL service in Singapore and Malaysia as global appetite for installment lending services increases.
PC ownership also rose in India, UAE, and Vietnam. These are all countries where PCs and tablets entered the mainstream after mobile phones, and remain aspirational, particularly in middle- and higher-income households. Smartphone penetration remains stable. Rates of smartphone ownership were much the same as in 2020 and almost uniformly high.