Pandemic an Opportunity for Fintech Growth
The Covid-19 pandemic has created an opportunity the fintech industry to grow. Fintech companies have developed significantly since the pandemic emerged.
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Visitors flock to the Indonesia Fintech Summit and Expo 2019 on Monday (23/9/2019) at the Jakarta Convention Center in Central Jakarta. The expo hosted conferences, educational activities and fintech exhibitions to promote financial literacy and inclusion.
The Covid-19 pandemic has created an opportunity the fintech industry to grow. Fintech companies have developed significantly since the pandemic emerged.
Fintech companies have expanded noticeably in electronic payments and digital loans in the first half of 2020. Data at Bank Indonesia (https://www.bi.go.id/id/statistik/sistem-pembayaran/uangelektronik/ contents/jumlah%20uang%20elektronik.aspx) shows that electronic payments totaling Rp 93.63 trillion in transaction value were made from January to June 2020.