Fintech here to complement banks not compete, Indonesia startups say

Fintech here to complement banks not compete, Indonesia startups say

Caption: Founders of Alpha JWC Ventures Will Ongkowidjaya (left), Chandra Chan (second from left) and Jefrey Joe (right) with Indonesian Trade Minister Thomas Lembong.

Fintech companies should be seen as complementing mainstream banking and not as a threat, according to startup players in Indonesia.

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