AFPI Established Partnership With Hong Kong And Beijing Fintech Associations

gambar: investor daily

AFPI Established Partnership With Hong Kong And Beijing Fintech Associations

, 03 Nov 2024

The Indonesian Peer-to-Peer Lending Fintech Association (AFPI) is diligently working to elevate Indonesia's fintech lending sector on the global stage through a range of strategic initiatives.

AFPI is promoting technological innovation among its members while also investigating opportunities in international markets.

Recently, members of AFPI took part in the Hong Kong Fintech Week 2024, which took place on October 28-29, 2024, at AsiaWorld-Expo in Hong Kong. During this event, the AFPI delegation successfully forged partnerships with several fintech associations across Asia, including the Hong Kong Fintech Association, Beijing Fintech Institute, and Zhongguancun Fintech Industry Development Alliance.

These bilateral discussions resulted in agreements focused on enhancing collaboration in areas such as knowledge sharing, joint research efforts, and the creation of a more inclusive fintech ecosystem.

In addition to these meetings, the AFPI delegation participated in various panel discussions addressing pressing issues in the fintech sector, such as green finance and the application of artificial intelligence (AI) in credit scoring.

AFPI Chairman Entjik S. Djafar remarked that AFPI's involvement in Hong Kong Fintech Week represents a strategic effort to strengthen Indonesia's role as a global hub for fintech innovation. "Collaborating with fintech associations in Hong Kong will enable Indonesia's fintech industry to gain insights from global best practices and broaden its business networks," he stated in a press release on Thursday, October 31.

The partnership will emphasize collaborative research and the sharing of knowledge between the two largest fintech lending markets globally, Indonesia and China.

Entjik conveyed strong enthusiasm for this alliance. By leveraging the research and innovation capabilities of both nations, AFPI is confident in its ability to create more advanced fintech solutions that will benefit society.

Entjik noted that AFPI's involvement in Hong Kong Fintech Week has highlighted the significant advancements made by the Indonesian fintech sector.

"With the backing of OJKK and the government, along with the unwavering commitment of AFPI members, the Indonesian fintech industry continues to innovate and make a positive contribution to the national economy, establishing a global benchmark in fintech lending," Entjik concluded.