Posts From Fintech News Indonesia
Indonesia’s Central Bank Governor Unveils 5 Key Payments Initiative
Bank Indonesia Governor, Perry Warjiyo recently unveiled “Indonesia’s Payment System 2025 Vision” a strategic framework consisting of 5 key initiatives to future proof Indonesia’s payments ecosystem for a digital future. According to a press statement issued by the central bank,
Read More
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
Read More
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
Read More
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
Read More
10 Fintech Founders and Influencers in Indonesia to Follow
Fintech is a fast-growing industry across Southeast Asia, and that includes Indonesia, the region’s largest economy with an estimated population of over 260 million. The Indonesian fintech industry has witnessed considerable growth with an estimated US$22.338 billion worth of transactions
Read More
Leaders In Tech, Government And Business Are Gathering In Bali For Xblockchain Summit
Leaders in blockchain technology are only three weeks away from assembling in Nusa Dua, Bali for Asia’s pre-eminent summit on blockchain technology promising to change traditional industries and forge new ones, in the same week as the annual meetings of
Read More
Instapay Enables Indonesian SMEs to Accept Payment Using WhatsApp & Line
Homegrown fintech player MC Payment held a soft launch for Instapay, a new mobile B2C payment platform targeting Indonesian SMEs. Instapay would enable merchants to accept payment using social media messaging apps, like WhatsApp and Line. Businesses would be able to
Read More
Indonesia Gets Yet Another Mobile Lending Startup Backed by Hong Kong’s WeLab
Astra International, through a subsidiary and China-based lending company WeLab has just banded together to launch a joint venture in Indonesia focused on the nascent and still lucrative lending scene. Named AWDA (PT Astra WeLab Digital Arta), the joint venture
Read More
Why Go-Jek Got Its Eye (and Business) on Peer-To-Peer Lending in Indonesia
Go-Jek, Indonesia’s unicorn darling just announced that they will be partnering with peer-to-peer (P2P) lending firms Findaya, Dana Cita and Aktivaku.to which marks them as yet another ride-hailing giant dabbling in financial services. The company’s decision to join the lending
Read More
SmartPesa and Visionet Pushes for a Cashless Indonesia with mPOS
Singaporean based SmartPesa recently entered into a partnership with Indonesian banking vendor PT Visionet Data Internasional to jointly launch Mobey. Mobey is described to be mPOS and agent banking solution designed with the intention to tackle challenges of limited infrastructure
Read More