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Jakarta Post
The Jakarta Post
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Dangers of under-regulating fintech industry

  • Alisha Sulisto

Jakarta | Thu, June 23 2016 | 07:24 am

PREMIUM Capitalizing on the back of Indonesia’s recent e-commerce boom and the steady increase of internet literacy, local entrepreneurs have begun to explore opportunities in which the internet can assist with Indonesia’s financial inclusion.

Despite only 25 percent of the population, 60 million Indonesians, having bank accounts, financial technology “fintech” startups have found a robust...