Journal of Applied Business and Technology
Vol. 5 No. 1 (2024): Journal of Applied Business and Technology

Mapping the Financial Technology Industry in Indonesia

Nicholas Renaldo (Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia)
Achmad Tavip Junaedi (Institut Bisnis dan Teknologi Pelita Indonesia, Indonesia)
Sulaiman Musa (Universiti Brunei Darussalam, Brunei Darussalam)
Nabila Wahid (North South University, Bangladesh)
Cecilia Cecilia (East China Normal University, China)



Article Info

Publish Date
01 Mar 2024

Abstract

This study aims to deepen the fintech landscape in Indonesia with focus on types of fintech, companies popular, and the role of fintech market aggregators. With internet penetration reached 67%, Indonesia became lush backdrop for fintech innovation, supported by regulation and proactive government to support the growth sector This. Methodology study combine study literature, studies cases, interviews with holder interests, research field, analysis statistics, SWOT analysis, surveys users, and analysis continuity. The literature review provides a base for understanding global fintech trends, interim studies case detail development leading fintech companies like My Capital, Friends Money, and Kredivo. Research result covers identification four main types of fintech in Indonesia: P2P Lending and Crowdfunding, Management Risk Investment, Payment-Clearing-Settlement, and Market Aggregator. Fintech market aggregators such as Cekaja.com, Cermati.com, and DuitPintar.com play role important in give information and comparison product finance to consumer. With results study This is expected can give understanding deep about the evolution of fintech in Indonesia, as well give base for policy public, developers business, and internal investors optimizing growth and inclusion finance in the digital era.

Copyrights © 2024






Journal Info

Abbrev

JABT

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JABT (Journal of Applied Business and Technology) is a media for exploration and discussion about Business Management and Technological problems arised in the society. It includes scientific articles in the form of research results, theory application, analytical studies, and literature studies on ...