Produced in partnership with BCG, BCG X, & Kadin Indonesia.

This joint report by AC Ventures, Boston Consulting Group (BCG), BCG X, and Kadin Indonesia explores the adoption and impact of AI and GenAI in Indonesia’s financial sector. Pulling together new data and insights gathered from the nation’s largest financial institutions and in-depth interviews with five fintech innovators, it provides strategic advice for business and government leaders alike on integrating AI and GenAI into their products, teams, and operations.

While major financial institutions and fintech startups have quickly adopted the technology in Indonesia, many initiatives are still in the pilot stage and have not yet delivered substantial business value at scale. 

This report unveils critical and proprietary insights into the fundamental effects of AI and GenAI on the sector, offering key recommendations and a clear framework for implementation. It also features advice for policymakers as the nation transitions to a new administration and explores sovereign AI development for national interests.