Indonesia

UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market

UnPAY and Tencent Research Institute have jointly published a whitepaper (in Chinese) on Indonesia’s payment market. This whitepaper focuses on hotspots and key issues of the payment system in Indonesia and is the second of its “Venturing Out” series. It aims

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Commonwealth Bank’s Wealthtech App Gains Swiss Expertise from Additiv

In today’s digital world, investors increasingly demand to be able to stay abreast of market developments and manage their financial assets from their mobile devices. However, most financial institutions struggle with delivering this experience as they are tied up in

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GO-JEK Announces Singapore Partnership with Carousell

Ride-hailing service GOJEK has today announced a partnership with Carousell, Singapore’s most popular consumer-to-consumer marketplace, to reward Carousell users who are new GOJEK riders with S$13 in ride vouchers. From today to Mar 6, Carousell users who download the GOJEK

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With Go-Jek’s New Acquisition, Could Blockchain Be A Secret Weapon Against Grab?

Thanks to Go-Jek’s diversification strategy, it’s pretty easy to get a glimpse about the company’s future direction based on what companies they’ve acquired or shook hands with. This time around, it’s come out that the US$9 billion-worth company gained a majority stake

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KinerjaPay Receives US$200 Mil Funding From Indonesian Investment Firm

KinerjaPay, a digital payment and e-commerce platform, announced that it has received US$200 from PT. Investa Wahana Group, Indonesia, divided into US$100 million in shares of the Company’s Series F and and another US$100 million in shares of the Company’s Series G

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5 of Indonesia Fintech’s Biggest Funding Rounds of 2018

DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November 2018, DailySocial observed at least 14 disclosed funding for fintech startups, noting

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Investors Bullish on Fintech in Southeast Asia, Especially Indonesia

Nearly 75% of limited partners (LPs), or organizations and individuals investing into funds and non-direct investment entities such as family offices, high net worth individuals and corporate venture capital entities, are bullish on fintech in Southeast Asia with Indonesia perceived

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The Largest Blockchain Event In Bali: Over 500 Delegates attended XBlockchain

From making the world’s first blockchain phone call, to the roll-out of eco-friendly tokens, to new public sector uses, to the tokenization of new industries the latest developments in blockchain technology were unveiled to an international audience in Bali this

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Indonesia Warms up to Blockchain

Following in the steps of international counterparts, Indonesia is setting its sights on blockchain as an enabler of increased efficiency and greater transparency with applications currently being explored in areas and industries that include e-voting and agriculture. Melbourne-based startup Horizon

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Grab’s E-Wallet Will Come With a Mastercard-Enabled Prepaid Card By 2019

Grab, which started out as a Southeast Asian ride-hailing platform that has since delved into “super-app” ambitions, announces a partnership with Mastercard. The pair will be issuing joint prepaid cards geared for the Southeast Asian market. Grab will be issuing

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