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Indonesia's fintech sector has grown 700% in a decade, shifting from payments to lending. As this sector continues to evolve, what does this mean for global investors and major financial players? Alehar supports companies and investors in the dynamic markets of India and South East Asia with M&A, fundraising, and debt advisory. #fintech #indonesia #aleharinsights

Axiata Group's Fintech arm, boost sets to accelerate MSMEs' #financialinclusion and digitalization to help the #underserved market in Indonesia. 🔑 ‘MSMEs hold a strong position in Indonesia, employing 60% of the workforce and contributing over 60% to the country's GDP.‘ 🔑 ‘However, many struggle to obtain financing for their businesses with 77.6% of MSMEs in Indonesia have yet to receive banking credit and only less than 35% are included in the digital economy ecosystem.’ 🔑 ‘Boost was founded in both #Malaysia and #Indonesia in 2017 with the aim to spur growth for MSMEs through financial services and merchant-focused solutions.’ 🔑 ‘In Indonesia, Boost offers two financing services through P2P lending, namely invoice financing and supply chain financing.’ 💸 ‘As of 2023, the company has disbursed nearly IDR 9 trillion (c.$600m) worth of loans in Malaysia and Indonesia since its inception, with over 40% or around IDR 3 trillion (c.$200m) of this amount being disbursed in Indonesia alone.’ 🗞️By https://lnkd.in/ePjpC99x 👏 For the #FinancialInclusionChallengers reimagining inclusive financial services 🚀 Anthony Sheyantha Abeykoon I Stefanus Warsito I Thomas Hundt I Team Axiata … #fintech #financialservices #digital #credit #lending #financing

Igniting Indonesia's Future: Cultivating a Thriving Fintech Industry ALAMI (our Peer-to-Peer Lending arms) recently had the honor of engaging with Bapak Agusman AGUSMAN, PhD the newly inaugurated Commissioner of the Financial Authority ( Otoritas Jasa Keuangan ) a pivotal figure in the realm of Financial Technology. Joined by Dr. Mulya Siregar, a patron of the Sharia economy, our discussions were an inspiring fusion of ideas aimed at propelling the industry forward and shaping our collective mission. Beyond conveying our heartfelt congratulations, we delved into enriching exchanges of insights, aspirations, and future visions for the Fintech landscape in Indonesia. As the market widens its horizons, challenges naturally arise, accompanied by exciting prospects that open doors for more individuals to access financial services through technological marvels. Our focus transcends mere congratulatory gestures – we are committed to nurturing consumer awareness, enhancing financial literacy, refining business strategies, and governing platforms responsibly. These shared responsibilities are integral in safeguarding individuals from the clutches of deceitful and illicit platforms. Bapak Agusman also shared his optimism for the industry and expressed how the opportunities can be effectively harnessed under his visionary leadership moving forward. Let us unite in paving the path towards a more resilient industry, a fortified Indonesia, and an illuminated financial future that benefits all. 🚀🇮🇩 #Fintech #Indonesia #FinancialInclusion #LifeUpgrade #HijrahFinancial #Fintech #Innovation #Financialservices Harza Sandityo Randi Ikhlas Sardoni Ryan Eka Permana Sakti Dima Djani Bembi J.

Exciting news from the finance and corporate world! 🤝 Kontan recently published an article highlighting JULO and Bank Sahabat Sampoerna's ongoing partnership, which includes an additional credit facility of up to IDR 600 billion (US$ 36.5 million). This strengthened collaboration aims to provide easier credit access for Indonesians, particularly those who still lack access to formal financial services. JULO and Bank Sahabat Sampoerna are dedicated to serving the underbanked population in Indonesia and fostering growth in Indonesia's financial inclusion. Check out the full article below: https://lnkd.in/g9CbV-z9 #JULO #BankSampoerna #DigitalCredit #Fintech #SoutheastAsia #Indonesia #FinancialInclusion #Growth

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

Indonesia has over 1.5k rural banks (BPR) spread all across the island nation to help financing for MSMEs. Komunal Indonesia is a fintech company that partners mainly with rural banks to make financing easier, more inclusive, via digitalisation: Indonesia's very first neo rural bank! They are tackling headfirst into the systemic issue of big banks not wanting to bother with low-income, underbanked individuals, and Komunal does P2P lending to fund their financing. They’re not waiting for trickle-down economics… they jump straight into it and inject money to people who need them. Individuals with disposable income can also earn if they wish to participate as a lender: win win! With a 96% success rate, they take their profiles and risk assessment seriously. No funny business! Just pure heart and the will to help and grow together. (Shout out to Hendry Lieviant and Rico Tedyono!) #fintech #impact #indonesia ~~~ 27/100 Impact Story In Asia. 👋 I share one IMPACT STORY happening in Asia EVERY MONDAY. 👋 Follow me for IMPACT stories and learnings in Asia.

Small businesses are the backbone of our communities. Currently, there are 64.2 million MSMEs that contribute 61% of Indonesia's GDP. In terms of workforce, MSMEs are also able to absorb 97% of the total workforce in this country or around 119.6 million people. We're proud to support local economies across ASEAN with tailored fintech solutions that drive growth and prosperity. Our efforts involve integrating cutting-edge fintech technology with sustainable and responsible financial systems, enabling MSMEs to access funding to expand their businesses. On the other hand, the wider community can participate in funding with returns that offer stable profits. #FSB #FSBIndonesia #Economics #Finance #Fintech #Finansial #Fintek #Teknologi

Indonesia's flourishing fintech sector offers an attractive investment prospect, fuelled by its youthful labour force, vibrant innovation, and significant growth prospects. 📈💼 #FintechIndustry #IndonesianEconomy #InvestmentPotential #DigitalFinancialServices #InnovationHub #YouthfulWorkforce #EconomicExpansion #SoutheastAsianMarket #TechStartupScene #FinancialTechnology

With the passage of time, Fintech is pivotal since merging technology and finance enables us to enhance accessibility and efficiency. It transforms how we engage with money and offering economic empowerment, which ESG principles can also support Indonesia's MSME and investors. Catering to their needs and risk tolerance in investment, fintech entrepreneurs have a responsibility to forge a trustworthy and sustainable path in this dynamic industry. To know further about this particular topic, you can read more through this link: https://lnkd.in/eKMPY5rv #FSB #FSBIndonesia #Economics #Finance #Fintech #Finansial #Fintek #Teknologi

#Indonesia based Komunal Secures US$5.5 Mn in Extended Series A Round from Sumitomo Corporation and other existing #investors like AlphaTrio Sustainable Technology Fund, JAFCO Asia, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. Komunal Indonesia is a #fintech company whose mission is to #accelerate financial inclusion through digitizing rural banks by combining funding access and hyperlocal lending to support economic growth in Indonesia. Established in 2019 with a mission to enhance financial inclusion in Indonesia, Komunal has evolved into a neo-rural bank, making significant strides in the fintech landscape. Pioneering #innovation, Komunal proudly stands as the first fintech company to introduce a rural bank-product-deposit app in Indonesia. Melvin Teo Amy Do Hendry Lieviant Dr. Peter Jacobs Rico Tedyono Devin Marco Kendrick Winoto Kiki Perwita Sari #funding #vc #investment #startup