Tag "Indonesia"

The Digital Ecosystems That Will Help Indonesia Reach 80% Financial Inclusion

The Southeast Asia Internet Economy Report 2019 by Google, Temasek, and Bain & Company predicts that Indonesia’s digital economy will more than triple to US$133 billion in 2025, driven largely by increasing acceptance by its more than 260 million population.

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Indonesia’s P2P Lending Sector Sees 642% Growth in Disbursements

Peer-to-peer (P2P) lending is a booming sector in Indonesia’s rapidly growing fintech industry, representing 43% of the country’s fintech companies, according to a paper by the Asian Development Bank Institute released earlier this month. In December 2018, disbursement of credit

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A Look at South East Asia’s Thriving Fintech Cities

A historically unbanked region, South East Asia’s fintech cities surge in growth have been fueled by the region’s young and digitally-savvy population, high mobile penetration and growing middle class. From small and medium-sized enterprises (SMEs) looking for financing, to young, active

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Fintech Lending to Drive Indonesia’s Economic Growth

As the world’s fourth most populous country in the world, with more than 60% of its population of working age, Indonesia has unique economic potential. However, one of the key elements needed for the country to reach its full economic

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Fintech News Network: 12 Infographics Showcasing the State of Fintech Around the World

2018 was an exciting year for fintech around the world with many developments across Europe, Asia and the Middle East. Worldwide, fintech companies raised a whopping US$57.9 billion through 875 deals in the first six months of 2018 alone, already

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Indonesia Warms up to Blockchain

Following in the steps of international counterparts, Indonesia is setting its sights on blockchain as an enabler of increased efficiency and greater transparency with applications currently being explored in areas and industries that include e-voting and agriculture. Melbourne-based startup Horizon

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10 Fintech Founders and Influencers in Indonesia to Follow

Fintech is a fast-growing industry across Southeast Asia, and that includes Indonesia, the region’s largest economy with an estimated population of over 260 million. The Indonesian fintech industry has witnessed considerable growth with an estimated US$22.338 billion worth of transactions

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Why Go-Jek Got Its Eye (and Business) on Peer-To-Peer Lending in Indonesia

Go-Jek, Indonesia’s unicorn darling just announced that they will be partnering with peer-to-peer (P2P) lending firms Findaya, Dana Cita and Aktivaku.to which marks them as yet another ride-hailing giant dabbling in financial services. The company’s decision to join the lending

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2 Key Reasons Why 2018 Is the Year of Blockchain for Indonesia

Indonesia’s tech scene has finally hit its stride, and the industry is now rife with startups and tech businesses that aim to solve problems unique to the Indonesian ecosystem. One area of tech of high interest in Indonesia is blockchain,

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OJK: Fintech Hub Launch Will Grow Indonesia’s Fintech Ecosystem

The Financial Services Authority (OJK) will be launching a fintech centre sometime in August as part of their efforts to grow the fintech ecosystem in Indonesia, as well as drive innovations in the field. Indonesia’s Swelling Fintech Sector OJK’s head of

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