Buoyed by a growth spurt provided by a new generation of retail investors, Indonesia’s wealthtech startups have raised $356 million so far this year. That is more than half the capital secured by the market since January 2016, according to the latest report by DealStreetAsia – DATA VANTAGE.
With the exception of P2P lending, Indonesia’s wealthtech market has seen its startups find their footing during a period dominated by the pandemic and its ramifications, finds The State of Wealthtech in Indonesia.