For years, Indonesia has searched for ways to help micro, small and medium enterprises (MSMEs) expand beyond local markets while gaining better access to financing. Digital platforms have undoubtedly opened new opportunities, but they have also created a new dependency. Millions of MSMEs now rely on a handful of marketplaces that control customer access, transaction data and, increasingly, financial services. Against this backdrop, the launch of the Indonesia Open Network (ION) appears to offer a compelling alternative. To subscribe please click here
