Digital Banks

Mynt serves 48 million users, nearly half of the country’s population.

Yusys Technologies is already a collaborator of Tencent Cloud and develops fintech services for more than 150 banks.

By defining a set of guidelines for digital banks, the OJK is attempting to make online financial services competitive and safer for consumers.

Indonesia currently has the highest adoption rate in Southeast Asia, but Vietnam will lead in 2026.

Number of challengers to traditional lenders to be capped at seven for now.

New York-headquartered Tiger Global has invested in over a dozen Indian startups and has poured in around USD 300 million in the last seven months.

Gen Z and Millennial Muslims are willing to adopt Islamic banking if it becomes more accessible and mobile-friendly.

Jago is now available as a cashless payment method on the Gojek app in Indonesia.