Deep Dive: Does the rise of digibanks threaten Indonesia’s online lending industry?

<p>As digital banking rises to prominence in Indonesia, tech companies from various sectors have been dipping their toes in the game, partnering with and sometimes even acquiring digibanks.</p> <p>Leveraging their greater and easier access to capital, online and peer-to-peer lenders have also joined the fray. However, some question whether this move toward the digital banking space might spell doom for the lending scene.</p> <p>Will digibanks soon render online lenders obsolete?  Or is there room for coexistence in the future? On this episode of <em>Deep Dive</em>, <em>Tech in Asia</em> journalist Budi Sutrisno discusses what lies ahead for Indonesia’s online lending scene.</p> <h3>Featured reporters:</h3> <ul> <li><a href="https://www.techinasia.com/profile/budi-sutrisno">Budi Sutrisno</a>, a <em>Tech in Asia</em> journalist based in Jakarta</li> </ul> <h3>Essential reading:</h3> <ul> <li><a href= "https://www.techinasia.com/indonesias-tech-giants-find-digital-banks-irresistible?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-digibanksvonlinelenders"> Why Indonesia’s tech giants find digital banks irresistible</a></li> <li><a href= "https://www.techinasia.com/digibanks-rise-indonesias-online-lenders-obsolete?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-digibanksvonlinelenders"> As digibanks rise, will Indonesia’s online lenders become obsolete?</a></li> <li><a href= "https://www.techinasia.com/visual-story/the-tech-companies-bankrolling-indonesias-digital-banks?utm_source=article&utm_medium=website&utm_campaign=growth-podcast-digibanksvonlinelenders"> The tech companies bankrolling Indonesia’s digital banks</a></li> </ul>