Brunei's Fintech Ecosystem in 2026: Aiming for Economic Diversification and Digital Transformation
Brunei is focusing on developing its fintech ecosystem as part of its long-term economic vision, Wawasan Brunei 2035. The government is prioritizing diversification, human capital development, and innovation, with financial services and technology as key pillars. The Financial Sector Blueprint 2016-2025 laid the groundwork for fintech development, and a new blueprint is being developed with a focus on Islamic and sustainable finance. The launch of Brunei's first national real-time payment system, 'tarus,' marks a significant step in digital transformation, enabling instant fund transfers and enhancing financial connectivity.