Fintech
Indonesia's fintech industry is undergoing a comprehensive digital transformation
By Admin
2024-12-03
According to a report by the Financial Services Authority (OJK), Indonesia's fintech industry grew by 50% in the first half of 2024, with total transactions exceeding $30 billion. Payment and lending platforms remain key areas, while blockchain technology is rapidly emerging in cross-border payments and smart contracts. OJK has launched a regulatory sandbox to encourage startups to test innovative products and support sustainable growth in the sector.