Deep Dive: Stripes rough road into Indonesia
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Over the past year, financial services major Stripe has been stepping up its efforts to enter the Indonesian market, targeting key positions for early hires. Among them is former Grab Indonesia executive director Ongki Kurniawan, who\\u2019s now leading Stripe\\u2019s charge in the country.
However, Indonesia is bustling with ambitious, freshly funded fintech players such as Xendit, Doku, and Gojek\\u2019s Midtrans, and this could make Stripe\\u2019s foray into the Southeast Asian archipelago all the more challenging.
In this episode of\\xa0Deep Dive,\\xa0Tech in Asia\\u2019s Ardi Wirdana discusses the payment giant\\u2019s Indonesia ambitions, the hurdles it faces in establishing a foothold in the market, and the impact that Stripe could have on the local fintech scene.
More information on today\'s episode here: https://www.techinasia.com/deep-dive-stripes-rough-road-indonesia
Featured reporter:
- Ardi Wirdana, a\\xa0Tech in Asia\\xa0journalist based in Indonesia
Essential reading:
- Stripe readies Indonesia entry, but the road just got rougher
- Indonesia fintech hits hurdle with new rules on foreign control
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