Indonesia has a population of 250 million people spread across more than 6000 islands. However, to date, two-thirds of its population do not have a bank account.
The Indonesian government is aiming to solve this financial exclusion problem by building a digital economy, given that the vast population is young and the adoption rate of mobile phones is in the double digits. As a result, start-ups including transport, travel and e-commerce applications are mushrooming in the country.