The Indonesian Peer-to-Peer Lending Fintech Association (AFPI) is actively working to boost Indonesia's fintech lending scene on a global level through various strategic moves.
AFPI is encouraging its members to embrace tech innovation while also exploring international market opportunities.
Recently, AFPI members attended the Hong Kong Fintech Week 2024, held on October 28-29, 2024, at AsiaWorld-Expo in Hong Kong. At this event, the AFPI team successfully established partnerships with several fintech associations across Asia, including the Hong Kong Fintech Association, Beijing Fintech Institute, and Zhongguancun Fintech Industry Development Alliance.
These discussions led to agreements aimed at improving collaboration in areas like knowledge sharing, joint research, and building a more inclusive fintech ecosystem.
Besides these meetings, the AFPI team took part in various panel discussions tackling important topics in the fintech world, such as green finance and how artificial intelligence (AI) can be used in credit scoring.
AFPI Chairman Entjik S. Djafar noted that AFPI's participation in Hong Kong Fintech Week is a strategic move to enhance Indonesia's position as a global fintech innovation hub. "Working with fintech associations in Hong Kong will help Indonesia's fintech industry learn from global best practices and expand its business networks," he mentioned in a press release on Thursday, October 31.
This partnership is all about teaming up for research and sharing insights between the two biggest fintech lending markets in the world: Indonesia and China.
Entjik expressed a lot of excitement about this collaboration. By tapping into the research and innovation strengths of both countries, AFPI believes it can develop even better fintech solutions that will really help society.
He also pointed out that AFPI's participation in Hong Kong Fintech Week has showcased the impressive progress of Indonesia's fintech scene.
"Thanks to the support from OJKK and the government, along with the dedication of AFPI members, the Indonesian fintech industry keeps pushing the envelope and positively impacting the national economy, setting a global standard in fintech lending," Entjik wrapped up.