A recent study reveals that Indonesia is home to 20% of all fintech companies in Southeast Asia. Over the past decade, the number of fintech players in the country has grown sixfold, from 51 in 2011 to 334 in 2022. Projections estimate that by 2025, the industry’s revenue will reach $8.6 billion, highlighting Indonesia’s dynamic fintech landscape.
Related Posts
Bangladesh’s GDP Growth Forecast Cut Amid Inflation Crisis
Bangladesh’s economic outlook has taken a hit as the World Bank reduced its GDP growth forecast to 5.7% for the…
Nepal’s Journey to Become a Fintech Hub in Southern Asia
Nepal is steadily emerging as a key player in the fintech industry in Southern Asia. With a rapidly growing young…
Fintech Market Analysis in India by FinTech Association
According to a recent report by the FinTech Association, India is the world’s third-largest fintech market with over 9,000 active…