2 February 2023 The fintech sector in Indonesia has grown significantly during the last two years. The Covid Pandemic has sparked a surge in business growth across all fintech categories, including payments, lending, and investments. By 2025, based on current trends, digital payments are expected to reach US$351 billion, digital loan books to reach US$35 billion, and fintech investment AUM to reach US$28 billion. This has sparked greater investor interest than ever in the industry, and three of Indonesia’s four unicorns, Xendit, Akulaku, and Ajaib, are in the fintech sector. The opportunity in fintech is still tremendous although adoption rates…
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The latest economic conditions report from ACCA and IMA paints a picture of a steady but weak global economy.…
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A Fiserv, Inc. operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the Monetary Authority…
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Join DigitalCFO Asia and Workday in this exclusive masterclass on how finance transformation is shaping the future of the function and why it is imperative that organizations leave behind the limitations of…
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Nearly 20% of all e-commerce transactions are predicted to be international by 2023. The rise in the proportion of international buyers who will make cross-border purchases is perhaps even more astounding -…
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