Investing in Indonesia: The fintech companies driving a new influx of capital
- Indonesia
- 6 min read
- Dec 05, 2018
- By Putu Agung Wija Putera
With 66% of Indonesians not owning a bank account, fintech startups have come up with myriad innovative products to entice a new generation of retail investors
With an estimated financial inclusion gap of US$57 billion, the shortfall between the demand and formal supply of financial services is rapidly being filled by diverse fintech platforms catering to a new generation of retail investors in Indonesia.
Local startups, such as P2P lenders, are introducing new ways to reach out to Indonesia’s unbanked citizens across the archipelago that are currently underserved by traditional institutions. To add to the mix, e-commerce sites are also partnering with well-established banks and new fintechs to offer a wide range of financial, credit and investmen...
Local startups, such as P2P lenders, are introducing new ways to reach out to Indonesia’s unbanked citizens across the archipelago that are currently underserved by traditional institutions. To add to the mix, e-commerce sites are also partnering with well-established banks and new fintechs to offer a wide range of financial, credit and investmen...
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