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Ping An is advancing into Indonesia’s fintech sector


China’s Ping An starts up and its fintech subsidiary OneConnect has started operations in Indonesia.

“We understand the challenges the Indonesian fintech industry is facing.”

It is planned to work with local banks and financial institutions and digitize their financial services.

According to Pin An, Indonesia is the largest and fastest growing internet economy in Southeast Asia, with an economy of $ 27 billion in 2018.

The firm believes that large financial institutions …



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