Aug, 2019
Indonesia Fintech: Looking back into The Future
1. Fast-growing Indonesian eWallets and digital payments space seeing massive supply-side activity Published on: Aug 2019 Summary takeaways Continued rapid growth (70-80% CAGR) in Indonesia e-wallets space is attracting the attention of major global players even as local players expand into new segments Given the expected intense competition, the market may be heading for consolidation … more
1. Fast-growing Indonesian eWallets and digital payments space seeing massive supply-side activity
Published on: Aug 2019
Summary takeaways
- Continued rapid growth (70-80% CAGR) in Indonesia e-wallets space is attracting the attention of major global players even as local players expand into new segments
- Given the expected intense competition, the market may be heading for consolidation
2. Indonesian P2P lenders have driven high satisfaction in SMEs users in smaller cities- owing to fast and collateral-free disbursement
Summary takeaways
- Research with SMEs outside Jakarta indicates the strong positive impact of P2P lenders
- While there are concerns with the high rate of interest, in general, SMEs report high satisfaction with collateral-free loans that are quickly disbursed