Indonesia's P2P lending sector to see consolidation, lower loan growth in 2023

Indonesia's P2P lending sector to see consolidation, lower loan growth in 2023

Photo: Towfiqu Barbhuiya/ Unsplash.com

Despite the growing demand for credit, Indonesia’s peer-to-peer (P2P) lenders will experience a slowdown in the value of loans disbursed in 2023, a top executive at the country’s financial services regulator told DealStreetAsia.