Tag "Indonesia"
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
Read MoreWhy 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
Read More2 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,
Read MoreOJK: 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
Read MoreInteresting Blockchain Startups and Organizations from Indonesia
Cryptocurrencies and blockchain technology have been all the rage in the past years with startups in the space raising more than US$1.3 billion in venture capital so far in 2018. The amount has already surpassed the total raised in 2017
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
Read MoreGrab Plans To Be the #1 Mobile Payments Platform in Southeast Asia
Grab, the leading ride-hailing and logistics services startup in Southeast Asia, is looking to become the top mobile payments platform in the region. In order to “solidify its leadership in digital payments,” the firm has signed in April an agreement
Read MoreWhy Indonesia needs Fintech?
Southeast Asia’s largest economy would rather use fintech platforms for their financial needs rather than the country’s more well-established banking institutions with regulations being proposed to safeguard investors and borrowers alike, Indonesia’s fintech industry is set to expand even further.
Read MoreIndonesia Turn to E-Payment Services as the Sector Takes the Lion’s Share in Local Fintech Market
With the proliferation of e-commerce, 43% of the fintech players in Indonesia are in the payment sector, with offerings ranging from mobile payment to payment gateway, according to the Indonesia Fintech Association (IFA) report 2017. The growth of e-commerce has
Read MoreCermati Secured Series A Extension Funding from Orange Growth Capital
Indonesia’s financial e-commerce provider, Cermati, has raised seven-digit USD funding from Orange Growth Capital (“OGC”), one of the leading European and Asian FinTech VCs. Cermati will use the additional funding to expand the team, bolster its product offering and further
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