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View all search resultsFinancial technology (fintech) industry players from Indonesia and South Korea are considering cooperating to develop a supportive fintech ecosystem to help boost the relatively young sector in their respective countries.
The involvement of financial technology (fintech) companies in the field of peer-to-peer (P2P) lending has attracted attention from the public and regulators, namely the Financial Services Authority (OJK) and Bank Indonesia (BI). Players within the financial services ecosystem expect P2P lending to become a solution for the lack of access to financial services in the country and to achieve financial inclusion through synergy with other financial institutions and technology companies.