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Crowded Indonesian Market: 51 Licensed E-Money Providers
Bank Indonesia, the country’s central bank, has issued two new e-money licenses so far this year. These two new additions bring the total number of licensed e-money providers to 51, comprising 14 banks, and 37 non-bank providers, according to data
Read MoreUnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market
UnPAY and Tencent Research Institute have jointly published a whitepaper (in Chinese) on Indonesia’s payment market. This whitepaper focuses on hotspots and key issues of the payment system in Indonesia and is the second of its “Venturing Out” series. It aims
Read MoreWhat Happened to Fintech Singapore’s Previous Pick of Hottest Fintech Startups?
In mid 2016, after sifting through copious amounts of reports, studies and our own internal evaluations we’ve come up with a definitive list of the 30 hottest fintech startups in Singapore. (an updated list for 2019 is also available here)
Read MoreIt’s Becoming Increasingly Difficult For Newcomers To Enter The Mobile Wallet Space In Indonesia
Providers of digital goods and services in Indonesia had to be inventive to make their business work. Credit cards aren’t widespread in the country, with only an estimated 7 to 8 million out of a population of roughly 265 million
Read MoreGet to Know the Finalists for the Global FinTech Hackcelerator Singapore
Twenty innovative and market-ready solutions to solve problem statements collected from the financial services industry. The Singapore Fintech Festival features 20 finalists from 4 focus areas: Financial Inclusion, Customer Facing, RegTech and General FINANCIAL INCLUSION CUSTOMER FACING ERNIT AID:Tech Alternative
Read More10 Fast Growing FinTechs in Indonesia
IDC Financial Insights has unveiled a list of 10 fast growing fintechs in Indonesia, part of the broader FinTech 101 list for Asia/Pacific, at the FinTech Innovation Summit 2017 held at The Ritz-Carlton Pacific Place, Jakarta. “IDC’s FinTech Fast 101”
Read More11 Finalists for FinTech Abu Dhabi Innovation Challenge , 4 from Singapore
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October. The selected firms are
Read MoreMAS Announces Finalists for the Global FinTech Hackcelerator and FinTech Awards
The Monetary Authority of Singapore (MAS) announced the finalists for the 2017 Global FinTech Hackcelerator and FinTech Awards. The Global FinTech Hackcelerator and FinTech Awards are among the highlights of this year’s Singapore FinTech Festival, which will take place in
Read MoreHow Fintech Companies Can Help Indonesian Banks
With a population of over 250 million, consistent economic growth and high mobile phone penetration, Indonesia has emerged as one of Southeast Asia’s most promising markets for fintech disruption. The World Economic Forum predicts that by 2020, Indonesia will become
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