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View all search resultsExperts call on fintech to expand outside Java
Experts have called on financial technology companies to expand their operations outside of Java and partner with the government to better serve the unbanked population in the country.
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Experts have called on financial technology (fintech) companies to expand their operations outside of Java and partner with the government to better serve the unbanked population in the country.
A recent survey conducted by the Indonesian Fintech Association (Aftech) among its members revealed that only 23 percent of fintech companies have a reach beyond the island of Java, while 41 percent have operations in Greater Jakarta.
More than half of the respondents, however, said they had set their sights on the unbanked and rural population as a target market.
