As of March 2024, there was a total of 101 fintech lending companies in Indonesia, among which seven were based on Sharia principles. According to the Indonesian financial services authority (OJK), fintech lending or peer-to-peer lending is a service of borrowing and lending money in rupiah currency online directly between lenders and borrowers. In the country, Sharia fintech services are regulated by a fatwa issued by the National Sharia Council-Indonesian Council of Ulema (DSN-MUI) concerning IT-based financing services, based on Islamic Sharia banking principles.
Number of fintech lending companies Indonesia as of March 2024, by type
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Financial Services Authority (Indonesia). (May 13, 2024). Number of fintech lending companies Indonesia as of March 2024, by type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/
Financial Services Authority (Indonesia). "Number of fintech lending companies Indonesia as of March 2024, by type." Chart. May 13, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/
Financial Services Authority (Indonesia). (2024). Number of fintech lending companies Indonesia as of March 2024, by type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/
Financial Services Authority (Indonesia). "Number of Fintech Lending Companies Indonesia as of March 2024, by Type." Statista, Statista Inc., 13 May 2024, https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/
Financial Services Authority (Indonesia), Number of fintech lending companies Indonesia as of March 2024, by type Statista, https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/ (last visited November 21, 2024)
Number of fintech lending companies Indonesia as of March 2024, by type [Graph], Financial Services Authority (Indonesia), May 13, 2024. [Online]. Available: https://www.statista.com/statistics/1466713/indonesia-fintech-lending-companies-by-type/