Episode description
In this MindShare episode, we explore fintech's impact on economic inclusion in Indonesia, a place where consumers can buy a full meal for the same price they usually pay for a simple interbank transfer. Change is afoot, however, as fintech startups create competition and the government is also doing its part to lower costs with rollouts like BI-FAST and others.
With us today to discuss are two experts on the bleeding edge. Tessa Wijaya is the co-founder and COO of Xendit. One of Indonesia’s latest unicorns and sometimes referred to as the Stripe of Southeast Asia, Xendit is a fintech company that provides payment solutions for businesses and individuals in the region. Gita Prihanto is the COO at Flip, a fintech company that enables users to make payments, transfer money, pay bills, and purchase goods and services from their mobile devices.
Hosted by Leighton Cosseboom of AC Ventures, Gita and Tessa dive into a variety of topics, including Xendit's regional expansion plans and strategic investments, as well as how both companies are thinking about Bank Indonesia's newly launched National Open API Payment Standard (SNAP). The pair also discuss why and how more women can join the fold in Southeast Asia's fintech game.