As our mission in Indonesia 🇮🇩 comes to an end, we’ve had the privilege of witnessing firsthand how the country’s financial landscape is transforming.

Over the last few days, we’ve witnessed groundbreaking progress across various sectors, from Islamic banking 🕌 to digital payments 💳 and insurance 💼. Days 4 and 5 featured a deep dive into the innovative strategies shaping Indonesia’s future in finance. Here’s a look at the trailblazers we met:

🕌 PT Bank Syariah Indonesia Tbk.
Indonesia’s largest Islamic bank, scaling with digital purpose:
🔹 Focuses on Islamic value propositions and social financing
🔹 Integrated platforms and the Byond app are enhancing retail banking
🔹 First bank to offer gold management services and AI-driven customer insights

🏦 Amar Bank
A digital pioneer transforming financial access:
🔹 Indonesia’s first digital-only bank, launching in 2014
🔹 Leading the charge with AI tools to promote better financial habits
🔹 Listed on the Indonesia Stock Exchange, focused on innovation

📊 CRIF Indonesia
Powering financial inclusion through alternative data:
🔹 Private credit bureau supporting MSME financing
🔹 Utilises non-traditional data to expand credit access to the unbanked
🔹 Real-time data integration for fintechs and banks

💼 MNC Life
Expanding insurance through digital ecosystems:
🔹 Digital-first approach to life insurance
🔹 Motionbank platform streamlining services with e-Policy and 24/7 support
🔹 Blending B2B and B2C models to drive growth and innovation

🏛️ PT. BANK NEGARA INDONESIA (Persero) Tbk.
A legacy bank with a digital-first strategy:
🔹 Indonesia’s oldest state-owned bank with substantial national and global reach
🔹 API integration for a seamless digital banking experience
🔹 Acquired Bank Mayora to transform into a digital-first bank for MSMES

💳 DOKU, PT NUSA SATU INTI ARTHA
A pioneer in digital payments and remittances:
🔹 Specialising in payment gateways, e-wallets, and cross-border remittances
🔹 One of the first electronic payment providers licensed by Bank Indonesia
🔹 Focused on enabling businesses with secure, reliable payment solutions

🚀 GoTo Financial
Bringing financial inclusion into everyday life:
🔹 Integrates with GoTo Group platforms to serve the unbanked
🔹 GoPay, a leading digital wallet, offers seamless transactions
🔹 Partners with Bank Jago to offer banking services via the Gojek app

Indonesia’s financial sector is making bold strides toward digital innovation, and we’re excited to see how these institutions continue to shape the future of banking in the region. What an inspiring journey! 🌏✨