Photo for illustrative purposes only. A woman making digital payment in Tangerang, Indonesia, on Nov 11, 2020. Fintech companies rely on continued partnerships with e-money and e-commerce companies to develop the digital Islamic economy value chain. Ambar Hadi/Shutterstock

Islamic Finance

Indonesia’s 2020 Islamic fintech financing just below forecast, industry body upbeat about 2021

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BY Yosi Winosa
21 Dec 2020
News
Salaam Gateway

JAKARTA – Financing distributed by Indonesia’s Islamic fintechs reached 1.75 trillion rupiah ($124.2 million) in 2020, below the 2-3 trillion rupiah forecasted pre-pandemic by the Indonesia crowdfunding  fintech association (AFPI).

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tags:

Fintech