The Startup Ecosystem of Myanmar

Myanmar boasts 1 city in the top 1000 and is one of South East Asia’s best countries for setting up a startup.

COUNTRY RANKING

Myanmar’s startup scene saw an increase in 2022 and jumped 2 spots from the previous year, outranking Dominican Republic.

Population

54.2
Million

Regional Ranking

8th
0
In South East Asia

Global Ranking

106th
+
2
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Myanmar

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Ecosystem

The Startup Ecosystem in Myanmar

In 2022, Myanmar register a rise in Fintech startups. Some of the most notable success stories in this industry are those of , Wave Money.

Global Rank

Top Industries

Myanmar’s startup scene is best represented in Fintech, Software and Data, and in Ecommerce & and Retail.

Top Cities for Startups in Myanmar - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change â–Č
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
545th
-
53
0.614
0.15
0.26
0.20
Page out of 1

Startups

Notable Startups in Myanmar
Wave Money startup icon
Wave Money
Oway startup icon
Oway
Frontiir startup icon
Frontiir

Startups

Successful Fintech startups in Myanmar
Wave Money startup icon
Wave Money
Grand Guardian Life Insurance Company startup icon
Grand Guardian Life Insurance Company
Rent 2 Own(Myanmar) startup icon
Rent 2 Own(Myanmar)

Startups

Startups Ranking by Industry

Fintech icon
Fintech
8 startups

On our map, you can explore a total of 8 startups for Fintech.

Software and Data icon
Software and Data
4 startups

Myanmar boasts 4 startups in Software and Data on our map.

Ecommerce & Retail icon
Ecommerce & Retail
4 startups

Our database contains 4 for Ecommerce & Retail in Myanmar.

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Featured Ecosystem Portals

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If you are a startup ecosystem developer in Myanmar, you can grow your startup economy by becoming a partner.

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, [
]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm [
]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [
]