Payfazz offers Indonesia's rural unbanked convenient access to an expanding range of app-based personal financial services, from bill payments to loan applications and fund transfers.
Why
Large unbanked population
Millions of Indonesians have no bank accounts and lack access to basic financial services.
Lack of financial infrastructure
Banks in rural regions are far and few in between, with most offering limited services.
Mobile phone proliferation
The use of smartphones for daily activities is increasingly popular and spreading beyond urban regions.
Market
35 million
Number of unbanked Indonesians currently that can potentially be served by fintech companies.
The rest of the content is only available if you are logged in.