“Indonesia’s Financial Services Authority (OJK) has granted fully business operational licences to six fintech startups as of September this year. The six startups are Modalku (the Indonesian arm of Funding Societies), KTA Kilat (Pendanaan), Kredit Pintar, Maucash, Finmas (Sinarmas and Oriente-backed fintech firm) and KlikACC.”
Source: Deal street Asia