Navigating the fintech landscape: Indonesia’s journey and potential
In the past few years, funding to the fintech sector has increased significantly. Between 2021 and 2022 it has increased by 83%, showing investors’ optimism about the opportunities in the sector. Indonesia's fintech sector has undergone dynamic evolution, beginning with innovations in online payments and diversifying into different vertical industries, reaching the untapped markets in tier 2 and tier 3 cities, and addressing the unique financial needs of other startups in the ecosystem. This evolution highlights the adaptability and diverse innovations within Indonesia's fintech landscape.
Riding the prospect of the rising creator economy
Although many giant global social platforms have been in Indonesia for several years, there is still room to grow for local players in seizing opportunities in Indonesia’s creative industry. The industry is fuelled by a growing young population, which accounts for 53.81% of the population.