Deep Dive: Does the rise of digibanks threaten Indonesias online lending industry?
As digital banking rises to prominence in Indonesia, tech companies from various sectors have been dipping their toes in the game, partnering with and sometimes even acquiring digibanks.
Leveraging their greater and easier access to capital, online and peer-to-peer lenders have also joined the fray. However, some question whether this move toward the digital banking space might spell doom for the lending scene.
Will digibanks soon render online lenders obsolete?\xa0 Or is there room for coexistence in the future? On this episode of\xa0Deep Dive,\xa0Tech in Asia\xa0journalist Budi Sutrisno discusses what lies ahead for Indonesia\u2019s online lending scene.
Featured reporters:- Budi Sutrisno, a\xa0Tech in Asia\xa0journalist based in Jakarta