No bank account? In Indonesia, you can still shop online
- Indonesia
- 6 min read
- Nov 15, 2017
- By Putu Agung Wija Putera
Photo by joyfull/Shutterstock.com
Indonesian startups are racing to serve the millions of consumers that banks haven’t reached. Here’s a look at some of the leading players, their innovations and how they have redefined the market
This means that these people – usually lower-income Indonesians – can’t access basic financial services, whether it’s depositing their savings, getting a credit card or taking out loans at reasonable interest rates. It’s a lack that threatens their welfare and financial well-being.
Some local entrepreneurs, though, have spotted an opportunity in this landscape. New online-to-offline startups are helping Indonesians witho...
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