Fintech IPOs evoke mixed sentiments in Indonesia amid turbulent market

At a time when P2P lending firms are facing a rough ride amid soaring interest rates, PT Akseleran Indonesia Tbk’s impending public offer has put the spotlight on fintech lenders planning to list on the Indonesia Stock Exchange (IDX). While some feel that this may not be the best time for an IPO by fintech lending firms, there are others who think otherwise.