DSResearch Report: Fintech Report 2020

Financial technology sector (fintech) Indonesia still deserves attention, especially this year the business ecosystem in general is faced with challenges due to the pandemic. Industry dynamics are becoming more robust, amid changing user habits and economic recession. Of course it makes the founder and business leaders must rethink their strategies. However, interestingly, various research results and many experts say that physical and social restrictions are actually driving the adoption of digital services.

Several types of services fintech its nature to support other digital businesses – for example facilitating payment services in apps food delivery via digital wallet, providing credit options on site online marketplace through paylater, to support MSMEs through financing of raw materials via supply chain financing from . That is, when it is said that digital services are becoming more massively used, it also indirectly affects the use of various services fintech The.

To validate it, DSResearch together with Bank CIMB Niaga released “Fintech Report 2020”. This research activity is also supported by Ayoconnect and Investree. It reviews the conditions and developments of the industry fintech in Indonesia in the last year. The scope of the discussion presented consists of five main topics, including:

1. Fintech Overview; discusses the development of business models and technologies that are widely applied by startups fintech. Regarding the business model, it is mapped based on related regulations released by Bank Indonesia and the Financial Services Authority.
2. Fintech Ecosystem in Indonesia; discuss the development of various businesses fintech in Indonesia. Including several potential sub-sectors that are considered to have a large interest in the coming years. It also includes the perspective of the regulator.
3. Business Perspective of Fintech; interview founder startup fintech across various categories, investors, and banking to get his perspective on industry conditions. Including strategic and innovative things being done in the face of Covid-19.
4. Consumer Perspective of Fintech; interviewing consumers to get the public's perception of fintech and various services currently available in Indonesia. It also presents various favorite applications from each business sub-segment.
5. Strategic Collaboration; discusses various initiatives and collaborations carried out between stakeholders, ranging from regulators, startups, and corporations.

The big theme of this year's Fintech Report is “Maintaining Growth during a Pandemic”, describes a business that in general can survive and even stay in the growth path through various product and service innovations that are rolled out.

The report can be downloaded for free here: Fintech Report 2020.

- Disclosure: DSResearch collaborates with Bank CIMB Niaga in this research. A national bank with various innovative products, including API services that can be used by digital businesses to support various transaction needs. Ayoconnect and Investree also support the development of this report.