2023-2024 Growth Corporates Working Capital Index: APAC Edition

Working Capital Fuels APAC High-Growth Corporates

2023-2024 Growth Corporates Working Capital Index: APAC Edition

Top-performing Growth Corporates in APAC strategically used external financing to address anticipated shortfalls and expand their businesses. On the other hand, none of the bottom-performing companies used financing for this reason. It’s one of the key findings from PYMNTS Intelligence’s latest study of 151 Asia-Pacific Growth Corporates, the “2023-2024 Growth Corporates Working Capital Index: APAC Edition,” commissioned by Visa, which explores the impact of working capital solutions on operations and business performance.

Inside the April Data Brief

  • 73%: Portion of APAC Growth Corporates planning on using virtual cards for strategic purposes in 2024
  • 29%: Share of healthcare and medical Growth Corporates in APAC using working capital loans
  • 38%: Portion of APAC commercial travel Growth Corporates using external financing for growth

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    PYMNTS Working Capital Index