Keep your finger on the pulse of financial technology developments in Indonesia, Canada, and elsewhere.
Be up to date with worldwide innovations, shifts in the market, regulatory updates, and emerging fintech startups that are sculpting the future of finance.
Current News Highlights
Central Bank of Indonesia Steps Up Crypto Regulation
The Central Bank of Indonesia rolls out new rules for cryptocurrency platforms aiming to improve transparency and safeguard investors.
Toronto Joins the AI Revolution in Wealth Management
A few fintech newcomers in Canada are incorporating cutting-edge AI to deliver tailored investing strategies to the younger generations.
Gopay vs. OVO: Indonesia's Digital Wallet Battle in 2025
A detailed analysis of Gopay and OVO, the leading contenders in Indonesia's digital payment arena this year.
Experimental Phase for Canada's Virtual Currency Begins
The Bank of Canada is conducting preliminary trials of a central bank digital currency with select fintech collaborators.
Local Developments
Indonesia
- Explosion of peer-to-peer lending platforms among young adults
- National fintech testbed program initiated by the government
- Growth of digital Islamic financial services
Canada
- Toronto emerges as the top destination for fintech startup funding in North America for Q2 2025
- New legislation for open banking gets green-light — implications for consumers and app developers
- Leading banks form alliances with blockchain identity verification systems
Weekly Financial Recap
Crypto:
- BTC: $64,200
- ETH: $3,250
- Stablecoins tied to the IDR are gaining momentum in Jakarta
Equities & Tech ETFs:
- Nasdaq Fintech Index: +1.7%
- Canadian FinTech Growth ETF (FINC): +2.3%
- Index of Indonesian Technology Companies: -0.8%
Forthcoming Trend Developments
- Fintech Forecast for August 2025 — Tracking the flow of venture capital in Southeast Asia
- Fintech for Students — The top 5 apps to assist international students with their finances
- Environmentally-Conscious Investing — The impact of ESG ratings on investment choices in Indonesia
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