Tag "Indonesia"

Indonesia Turn to E-Payment Services as the Sector Takes the Lion’s Share in Local Fintech Market

With the proliferation of e-commerce, 43% of the fintech players in Indonesia are in the payment sector, with offerings ranging from mobile payment to payment gateway, according to the Indonesia Fintech Association (IFA) report 2017. The growth of e-commerce  has

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Cermati Secured Series A Extension Funding from Orange Growth Capital

Indonesia’s financial e­-commerce provider, Cermati, has raised seven-digit USD funding from Orange Growth Capital (“OGC”), one of the leading European and Asian FinTech VCs. Cermati will use the additional funding to expand the team, bolster its product offering and further

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Alibaba Founder Appointed As Malaysia’s Digital Economy Advisor Amid Digital Free Trade Zone Initiative

Jack Ma, the founder and executive chairman of Alibaba Group, has been appointed as Malaysia’s digital economy advisor as the government looks to boost the country’s e-commerce and Internet sector, and create new opportunities for Malaysia. Prime minister Datuk Seri

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New Fintech Report Highlights Indonesia’s Untapped Digital Finance Opportunity

With a population of over 255 million people – among which 60% are digital native – and growing mobile phone and Internet penetration rates, Indonesia has been perceived as an untapped market opportunity, according to a new report by Fintechnews.

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