Legally regulating fintech in Indonesia, Asia largest economy


Source: prosyscom.tech prosyscom.tech

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Legally regulating fintech in Indonesia, Asia largest economy Last updated Jan 21, 2021 Share Financial technology, or fintech as its widely referred to these days, has grown rapidly in a short period of time and has since gained higher prominence in Indonesia than traditional banking services, making it a critical disruptor of the finance industry in Southeast Asia’s largest economy. Fintech products and services have quickly begun to resonate with Indonesian consumers as they are able to attract the unbanked population of the country. In Southeast Asia, more than 70 percent of the adult population is either ‘underbanked’ or wholly...