Fintech in Indonesia has 4 types :
P2P Lending & Crowdfunding, also said to be financial markets. Platform like this is able to bring together those who need funds with those who provide funds as capital or investment. The process can be done in one online platform.
Investment Risk Management, you can monitor financial conditions and also make financial planning more easily and practically. It's usually present and can be accessed via a smartphone. You only need to provide the data needed to be able to control your finances.
Payment, Clearing & Settlement, there are several financial startups that often provide payment gateways or e-wallets, both of which are in the payment, clearing, and settlement categories.
Market Aggregator, the type of fintech that currently refers to a portal that collects various financial related information to be presented to the target audience or user. Typically,it contains various information, financial tips, credit cards, and investments. With this type of fintech, you are expected to be able to absorb a lot of information before making a financial decision.
