{
    "success": true,
    "data": {
        "id": 1646360,
        "msgid": "collaboration-boosts-fintechs-potential-for-regional-economic-growth-1774950812",
        "date": "2026-03-31 16:12:00",
        "title": "Collaboration Boosts Fintech's Potential for Regional Economic Growth",
        "author": "indrastuti",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Finance",
        "summary": "Amartha, a leading Indonesian fintech provider, has partnered with Japan's Cross Fields organisation to promote social impact initiatives, sharing experiences in empowering rural micro, small, and medium-sized enterprises (MSMEs) to drive local economic growth. Through flexible financial products and digital literacy support, Amartha helps stabilise cash flows and scale businesses, fostering job creation in communities. The collaboration, part of Cross Fields' Social Innovation Mission, highlights fintech's role in sustainable development and sets the stage for future global partnerships, including the upcoming Asia Grassroots Forum in 2026.",
        "content": "<p>Amartha, a leading financial technology (fintech) service provider in\nIndonesia, has forged a strategic collaboration with Cross Fields, a\nJapanese organisation actively connecting the private sector for social\nimpact initiatives. This partnership was realised through the Social\nInnovation Mission programme visit to Indonesia, where Amartha shared\nits experiences in promoting regional economic growth via the\nempowerment of MSMEs in rural areas.<\/p>\n<p>Andi Taufan Garuda Putra, Founder and CEO of Amartha, presented\nvarious empowerment initiatives to 14 representatives from Japanese\norganisations. \u201cWe warmly welcome the visit from Cross Fields, which\nshares a vision aligned with Amartha in creating sustainable social\nimpact. Fintech has great potential to drive regional economic growth by\nstrengthening the local MSME ecosystem,\u201d stated Taufan.<\/p>\n<p>Through technology, fintech can provide flexible financial products\ntailored to the business cycles of ultra-micro entrepreneurs, thereby\nhelping to maintain cash flow stability. In addition to funding access,\nAmartha also offers mentoring services to enhance digital financial\nliteracy for its partners. This comprehensive support is crucial for\nbusiness actors to develop, create jobs in their communities, and\nconsistently scale their enterprises.<\/p>\n<p>The Social Innovation Mission is Cross Fields\u2019 flagship annual\nprogramme that connects startups, leading companies, and government\ninstitutions to explore collaborative solutions to various social\nchallenges. Following successes in Kenya and India, this year\u2019s\nprogramme was held in Indonesia, partnering with Amartha as a credible\nentity with 16 years of experience serving grassroots communities.<\/p>\n<p>Daichi Konuma, Co-founder and CEO of Cross Fields, explained that the\nprogramme is expected to generate real ideas and solutions for social\nissues. \u201cWe hope this opportunity benefits organisations and startups in\nIndonesia, bringing inspirational dialogue and serving as the start of\nfuture collaborations. Thank you to Amartha for its valuable\nexperience,\u201d said Daichi.<\/p>\n<p>The event was also attended by representatives from NTT, Inc., Meiji\nHoldings Co., Ltd., and several other major companies. In the discussion\nsession, Amartha featured Sherly Novita, a knitter from Lembang, West\nJava, who shared the transformation of her business after joining the\nAmartha ecosystem. \u201cI hope this journey of building a knitting craft\nbusiness can inspire participants to continue supporting women and MSMEs\nin Indonesia,\u201d said Sherly.<\/p>\n<p>As part of its commitment to opening global collaboration\nopportunities, Amartha will host the Asia Grassroots Forum in Jakarta on\n3\u20134 June 2026. This forum will serve as a platform for global investors,\nregulators, and academics to advance grassroots economic progress in\nAsia, with Cross Fields representatives scheduled to participate.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/collaboration-boosts-fintechs-potential-for-regional-economic-growth-1774950812",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}