On April 24, 2025, the Financial Services Authority (OJK) officially launched OJK Infinity 2.0 to accelerate digital financial innovation in Indonesia. This initiative aims to create a more inclusive, efficient, and adaptive financial sector that aligns with technological advancements and national needs.

The launch event, held at OJK's Menara Radius Prawiro Office in Jakarta, was attended by key figures, including Teuku Riefky Harsya, Minister of Creative Economy (Ekraf) and Head of the Creative Economy Agency (Bekraf), Mahendra Siregar, Chairman of OJK’s Board of Commissioners, and representatives from the financial services industry and academia.

OJK’s Initiative for an Inclusive and Efficient Financial Sector

In his remarks, Minister Riefky emphasized the importance of collaboration between the government, industry, academia, and other stakeholders. He outlined three pillars of the strategy to strengthen the creative economy: Synergy Ekraf, Ekraf Funding, and Ekraf Talent. Riefky noted that this collaborative approach is essential to building a more inclusive creative economy ecosystem.

Key Partners and Support for OJK Infinity 2.0

Mahendra Siregar, Chairman of OJK’s Board of Commissioners, underscored the role of OJK Infinity 2.0 in facilitating the development of new industries and business models. He emphasized that the platform, through its sandbox and other resources, aims to establish entirely new ecosystems. Siregar also called for increased collaboration among all stakeholders involved in this effort.

Hasan Fawzi, Head of OJK’s Financial Innovation Supervision, spoke about the critical role of OJK Infinity in providing a controlled environment for testing financial innovations. He highlighted the importance of ensuring that these innovations adhere to good governance practices, consumer protection principles, and the overall stability of Indonesia’s financial system.

OJK Infinity 2.0’s Strategic Focus on the Creative Economy

OJK Infinity 2.0 plays a crucial role in advancing Indonesia’s creative economy. The platform supports key sectors such as gaming, music, film, and animation by fostering collaboration and providing funding opportunities to help these industries grow within the digital ecosystem.

Strengthening Collaboration with Ministry of Creative Economy (Kemenekraf)

The launch of OJK Infinity 2.0 also marked the signing of a Memorandum of Understanding (MoU) between OJK and Kemenekraf. This agreement seeks to strengthen collaboration in promoting digital financial solutions for the creative industries, offering them access to funding and enhancing their participation in the digital economy.

Core Programs of OJK Infinity 2.0 and Their National Impact

In 2025, OJK Infinity 2.0 will run several strategic programs, including:

• Developing funding schemes for the national creative industry, such as game, music, film, and Web3-based animation, in collaboration with the Ministry of Creative Economy.
• Organizing the Infinity Hackathon with a focus on blockchain development in Indonesia.
• Implementing the digitalization of the dairy industry in partnership with the International Labour Organization (ILO) and the Indonesian Fintech Association.
• Launching the first edition of the "Beyond Infinity" newsletter, focusing on cybersecurity issues.

These initiatives aim to contribute to the development of digital financial services and innovation across various sectors in Indonesia.

OJK Infinity 2.0 and Its Role in Digital Financial Ecosystem

OJK Infinity 2.0 plays a pivotal role in fostering the growth of Indonesia’s financial technology (fintech) ecosystem. By offering a controlled environment for innovation and supporting startups, the platform seeks to drive the development of digital financial solutions.

Program’s Long-Term Impact

The Swiss Ambassador to Indonesia, H.E. Olivier Zehnder, expressed strong support for OJK Infinity 2.0, recognizing its importance in advancing financial inclusion, improving regulatory frameworks, and enhancing consumer protection. He emphasized that the program would serve as a foundation for scaling up innovations that could address future challenges and build a resilient digital financial ecosystem.

PHOTO: OJK

This article was created with AI assistance.