Tag "Go-Jek"

Mobile Payments in Vietnam: End of 2018 News Roundup

Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments

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It’s Not Just the Ride Hailing Fight That’s Begun with Go-Jek’s Entry into Grab’s Hometown

Go-Jek just announced the launch of its beta app in Singapore, which means that Singaporeans will be able to download Go-Jek on Android and iOS stores starting today. Since Uber’s exit of Southeast Asia, this will be a significant competition

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DBS and GO-JEK Teams Up in a Fight Against Grab in South East Asia

DBS Bank and GO-JEK today announced that the two parties have entered into a regional strategic partnership. The partnership will see the two companies work together on payment services ahead of GO-JEK’s arrival in Singapore and this will soon extend

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PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent

Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest

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Despite Much Support, Cashless Indonesia Faces Many Obstacles

Indonesia’s cashless experiments in Jakarta has yielded interesting results. By 2017, many of the industry’s observers were already discussing the possibility of Indonesia transforming into a cashless nation, and this impression has held on until this year. And transportation is

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GO-JEK Announces The Launch of Locally Founded Companies in Vietnam and Thailand

GO-JEK announces the launch of two locally founded companies in Vietnam and Thailand that will form the first wave of its international expansion. The companies will be run by local founding management teams, with GO-JEK providing knowledge and expertise as

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Top 5 Fintech Philippines News of the Week (CW 21)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also, you can subscribe to our monthly Fintech PH Newsletter here. Here we go: 15 offshore firms investing P1.7b

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Why is Indonesia’s Payments Landscape So Fragmented?

Indonesia is slowly moving away from its dependency on cash as startups, banks, and telcos alike are all introducing new types of card-based and mobile money. Some of them are forcing consumers into their ecosystems. For example, the country made

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It’s Becoming Increasingly Difficult For Newcomers To Enter The Mobile Wallet Space In Indonesia

Providers of digital goods and services in Indonesia had to be inventive to make their business work. Credit cards aren’t widespread in the country, with only an estimated 7 to 8 million out of a population of roughly 265 million

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