Data & Statistics

Fintech Industry Assessment February 2024




In February 2024, the fintech industry continued its positive trajectory with a growth rate of 21.98% (yoy). Further, the total amount of outstanding financing on 101 P2PL platforms reached IDR61.10 trillion during the same period, with the level of Non-Performing Financing (NPF) at 2.95% remaining below the 5% threshold.

During the same period, there were a total of 63 registered Financial Sector Technology Innovation (FSTI) providers, classified into 8 business model clusters.

As for Securities Crowdfunding, total fundraising reached IDR1.08 trillion, which was raised from 16 registered platforms that connected 512 issuers with 170,647 investors.

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