Editor's take: The week that was—April 8-13

This week, DealStreetAsia released its latest report titled The Great Crossover of Fintech and Digibanks, which analyses the challenges faced by fintech players amid Indonesia’s evolving financial landscape. While traditional lenders have entered the turf of fintech firms by launching services such as BNPL, standalone digital banks have also been taking on fintech lenders. This comes even as pure fintech players, especially P2P lenders, face several headwinds, including a rise in bad loans.