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A Bibliometric Analysis of Digital Finance in Southeast Asian Countries

Submitted:

07 April 2026

Posted:

08 April 2026

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Abstract
Although the rapid development of digital technology has significantly transformed the financial sector in Southeast Asean countries, no comprehensive study has yet mapped the evolution of digital finance in the region. This bibliometric study aims to fill this gap by providing a systematic scientific overview of the field. Derived from the Web of Science database, 252 peer-reviewed articles were compiled and analyzed using Biblioshiny R-package and VOSViewer software. The results reveal a steady growth in digital finance research in ASEAN from 2013 to 2025. The majority of articles in the region were from Indonesia, Malaysia, Vietnam, and Thailand. Current research predominantly addresses the antecedents of technology adoption, user acceptance, and continuance behavioral intentions, often grounded in theoretical frameworks such as the Technology Acceptance Model (TAM) and Unified Theory of Acceptance and Use of Technology (UTAUT). Future research should explore the broader implications of digital finance, particularly its role in enhancing financial inclusion and promoting financial well-being at both individual and national levels.
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Copyright: This open access article is published under a Creative Commons CC BY 4.0 license, which permit the free download, distribution, and reuse, provided that the author and preprint are cited in any reuse.
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