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Indonesia's fintech sector has experienced exponential growth, expanding six-fold from 51 active entities in 2011 to 330 by 2023. This surge reflects our nation's commitment to embracing digital solutions, which not only enhance financial accessibility but also pave the way for innovative opportunities across various sectors. Such growth is instrumental in shaping our economy's future, fostering an environment where technology and finance converge to empower every Indonesian. So, how many Fintechs will emerge in Indonesia this year? #FintechGrowth #DigitalIndonesia #Innovation #FintechGrowthIndonesia #FintechInclusion #TransformationalFintech

Amidst the wealth and the poverty, the diverse cultures and beliefs, a revolution is arising in Indonesia, a revolution produced by lines of code and technology innovation. Fintech has developed rapidly for the past decade and its impactful effects are slowly shaping the financial landscape of Indonesia in the most unrivalled ways. In these modern days, smartphones, gadgets and all technology stuff have become more and more ubiquitous and it is no longer a luxury privilege but more of a necessity. These days life is much more convenient than ever. Fintech has emerged as a beacon of hope and opportunity, it significantly dismantled the barriers that once hindered the access of excluded people to financial services. Imagine a fisherman in Sulawesi or a farmer somewhere in Central Java are now capable to receive payments instantly via a digital bank / mobile wallet or maybe a small business owner in Bekasi, securing a microloan through a peer-to-peer lending platform—all thanks to fintech. Fintech makes finance accessible to anyone. It supports people by providing them the tools and access required to manage their finances effectively and efficiently. Whether it's digital savings accounts with interest rates or even budgeting applications that track expenses in real time. The Government support has been instrumental in monitoring the fintech ecosystem. Regulatory frameworks strike a delicate balance between fostering innovation and safeguarding consumer interests, ensuring a stable and safe environment for both fintech startups to flourish and for the user’s safety. This regulatory clarity has attracted investor, both domestic and international, propelling Indonesia to the forefront of fintech innovation in Southeast Asia. As I stand in the midst of this digital revolution, I am inspired to contribute to its momentum. With a background in data analytics and a passion for leveraging technology to drive positive change, I am eager to achieve my goal which is to harness the power of data to develop innovative solutions that enhance financial accessibility and empower individuals across Indonesia.

Fintech is undeniably a cornerstone of Indonesia's digital economy 💳 The surge in e-commerce, particularly during the pandemic, accelerated the adoption of fintech solutions. From enabling seamless online transactions to driving financial inclusion, fintech has become an integral part of our daily lives. Bambang Brodjonegoro, Former Ministry of Finance for Indonesia, gave an interesting point of view regarding fintech in Indonesia, during the Executive Sundowner event of Ayoconnect x Susquehanna Asia Venture Capital. It's clear that policymakers and businesses alike recognize its vital role in shaping our economic landscape. Check out the other #ConnectingMinds series on our LinkedIn page. To get to know more about Ayoconnect, visit www.ayoconnect.com ◀ #Ayoconnect #ConnectingMinds #fintech #digitaleconomy #ecommerce #Indonesia

Fintech is undeniably a cornerstone of Indonesia's digital economy 💳 The surge in e-commerce, particularly during the pandemic, accelerated the adoption of fintech solutions. From enabling seamless online transactions to driving financial inclusion, fintech has become an integral part of our daily lives. Bambang Brodjonegoro, Former Ministry of Finance for Indonesia, gave an interesting point of view regarding fintech in Indonesia, during the Executive Sundowner event of Ayoconnect x Susquehanna Asia Venture Capital. It's clear that policymakers and businesses alike recognize its vital role in shaping our economic landscape. Check out the other #ConnectingMinds series on our LinkedIn page. To get to know more about Ayoconnect, visit www.ayoconnect.com ◀ #Ayoconnect #ConnectingMinds #fintech #digitaleconomy #ecommerce #Indonesia

Financial technology has emerged as one key aspects in Indonesia's economy. FinTech's role in increasing society's financial inclusion has caught the attention of many, as well as the Coordinating Ministry for Economic Affairs. What are the government initiatives related with FinTech? What are the opportunities related with technology providers? #finance #innovation #cybersecurity #cloud #ai #iot

[NEW RELEASE: Indonesia's Fintech Lending Report] Statistical data indicates a growing number of borrower accounts in the fintech lending industry since 2018. In Indonesia, this industry has also undergone massive expansion over the past few years, with profit and loss reaching Rp482.52 million in December 2023, a sharp increase from Rp50.47 million in January 2023. However, this figure still needs to be added to the vast potential that the Indonesian fintech lending industry can capture, considering the country's population of over 274 million people. This presents both an opportunity and a challenge, given that fintech in Indonesia is often hampered by legal and regulatory issues. For example, PT Pembiayaan Digital Indonesia (AdaKami) received a warning from the Otoritas Jasa Keuangan regarding debt collection malpractice, which led to an internal investigation of the company. How big is the potential for fintech lending in Indonesia? What is OJK's role in developing fintech lending in Indonesia? What strategies can be implemented to boost the growth of fintech lending in Indonesia? DSInnovate has released a report, "Indonesia's Fintech Lending Report," which can be downloaded for free at: https://lnkd.in/gAaBmf2d #DSStartup #DSInnovate #StartupIsLife #Report #StartupIndonesia #FintechLending #Fintech #FintechIndustry Rama Mamuaya, Rahmat Harlyadi, Arif Hardiyanto, Amir Karimuddin, Randi Eka, Wiku Baskoro, Bambang Winarso, Asti Nurizky, Sajarotul Yakin, Amelia Rizki Harahap

Indonesia's fintech sector 🇮🇩 is experiencing remarkable growth, with the number of players increasing sixfold from 51 in 2011 to 334 in 2022 📈 This dynamic market is projected to generate a substantial $8.6 billion in revenue by 2025. Fueled by a significant unbanked population and numerous government initiatives, Indonesia's fintech landscape is poised to bridge the financial inclusion gap and offer a future of personalised and accessible financial services for all. Read the slides and let us know in the comment what you think of this #fintech development in the future! 👇 #Financialtechnology #Digitalinnovation #Indonesia #EquatoriseAdvisory

Sustainability is essential for the future of the fintech industry in Indonesia. With a population of almost 300 million people in Indonesia, with large underbanked and unbanked population, digital penetration is increasing.  Cash usage is also increasing so how does the payments industry adapt to make it easy for the consumer? Technology is not sufficient alone for innovation.  Regulations, rules and good corporate governance are essential for the public to trust the industry and feel protected.  Exhibitors and panelists at the Indonesian Fintech Summit & Expo shared products and ideas to embrace an innovate approach to user-friendly delivery with safety, security, simplicity and cost minimization remaining front of mind.   Sally Sternecker Camilla Bullock Astri Abyanti Dike Armelia Saviera Nia Garneta Nefi Sun Pratiwi Sitompul Awang Yusuf Aulia Putrayasha Reancy Triashari Michael Geoffrey Asosiasi FinTech Indonesia Asosiasi Fintech Syariah Indonesia (AFSI) Otoritas Jasa Keuangan (AFPI) Asosiasi FinTech Pendanaan Bersama Indonesia #epaa #payments #asiapaymentsinsights

Reflecting on those fintech initiatives that dramatically improved financial access in Indonesia's remote areas, I'm reminded of the sector's potential to drive a meaningful change. Such initiatives exemplify how fintech can transcend traditional boundaries, bringing essential services to those who need them most. These stories fuel our motivation to innovate and to develop solutions that have a tangible impact on people's lives, highlighting the transformative power of fintech. #FintechImpact #CommunityDevelopment #InclusiveFinance #ImpactfulFintech

𝗗𝗶𝘃𝗲 𝗶𝗻𝘁𝗼 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮'𝘀 𝗕𝗼𝗼𝗺𝗶𝗻𝗴 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗧𝗵𝗼𝘂𝗴𝗵𝘁 𝗟𝗲𝗮𝗱𝗲𝗿𝘀 & 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘁𝗮𝗿𝘀! Want the inside scoop on Indonesia's rapidly evolving payments scene? My latest report, "Exploring Payments in Indonesia: An Industry Outlook," with Emerging Payments Association Asia, digs deep into key trends and insights, fueled by exclusive interviews with renowned experts like: Chris Yeo, Jakob Rost, Brent Chinn, Vincent Tjendra, Amit Chopra, Yoanna D. , Nitin Sharma, Irni Palar, & Budi Gandasoebrata Here's a taste of what you'll discover: ▶️The Rise of Digital & Contactless Payments: QR codes reign supreme, fueled by QRIS and a government push for a cashless society. ▶️Fintechs Disrupting the Game: These innovative players are shaking things up with tailored solutions like BNPL and A2A payments, boosting financial inclusion. ▶️Deep Coverage & Strategic Partnerships: Fintechs are winning by focusing on specific segments and partnering with traditional giants for expertise and reach. ▶️Digital Banks & E-wallets: A New Wave of Convenience: But challenges remain in differentiation and rural adoption. ️ ▶️The Government's Role: Striking a balance between fostering innovation and ensuring stability is key. Ready to dive deeper? Download the full report for a comprehensive analysis of Indonesia's payments landscape and insights from industry leaders: [link in comments]. 𝗧𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗴𝗮𝘁𝗲𝘄𝗮𝘆 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴: 📌The opportunities and challenges in Indonesia's payments market. 📌How to navigate the dynamic landscape and stay ahead of the curve. 📌The strategies used by industry leaders to achieve success. #DigitalPayments #Indonesia #Fintech #FinancialInclusion #DigitalEconomy #southeastasia P.S. Share your thoughts on Indonesia's payments scene in the comments below! P.P.S. Don't forget to follow me for more insights on the future of payments and fintech! 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝘆𝗼𝘂𝗿 𝗳𝗿𝗲𝗲 𝗰𝗼𝗽𝘆 𝘁𝗼𝗱𝗮𝘆 𝗮𝗻𝗱 𝗷𝗼𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻!