Technology firms will play an increasingly important role in Asia-Pacific's financial services industry, says Fitch Ratings. Large unbanked populations in countries such as India, and the emergence of tech-savvy middle classes in countries such as China, Indonesia and the Philippines, will offer significant growth opportunities for "FinTech" companies. The size of these markets will provide FinTech firms the opportunity to gain substantial scale and potentially change the banking status quo. This disruption to the financial sector will come with risks, especially where banks and regulators have limited experience in managing new technologies.