Advancing Financial Technology in Indonesia

If you combine the burgeoning number of financial technology (FinTech) companies in Indonesia with the government?s aim to make banking and financial services available to vast sections of the population who have no access, either due to geography, lack of funds or no collateral, then one of the main results is the rise of peer-to-peer (P2P) lending.

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Regulating P2P Lending

Financial technology (FinTech) in Indonesia is growing rapidly, with many startups trying to address the issue of the unbanked ? those people who don?t have access to banking services. One sector within FinTech in particular showing visible progress is peer-to-peer (P2P) lending.

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