Hello everyone ^^
In this time I would discuss about Fintech in Indonesia, if you have any suggestion in this letter please leave a comment. So, lets get started !
Nowadays the trend about fintech (financial technology) is happening in Indonesia. What is fintech? Based on Bank Indonesia, fintech/financial technology is the use of technology in financial system that produce product, service, technologies, and/or new bussiness model and could affect in monetary stability, financial system stability, and/or efficiency, fluency, security, and payment system reliability. In simple word, fintech is technology innovation that combined with financial sector.
Bank Indonesia was divided few category of fintech, thus are :
- payment system
- market support
- investment management and risk management
- loan, funding and supplying capital
- other financial service
Until now, Bank Indonesia only listed 45 fintech firm. in the other word, there still many firm that hasn't listed but still marketed in society. Bank Indonesia already announce how to being a listed fintech. Let's wait and see how's listed fintech develop in Bank Indonesia.
Thank you for reading ! I would appreciate your suggestion and criticism.
Wasalamu'alaikum ^^
