Indonesia
Unleash Digital Mastery at AWS Cloud Day Indonesia
In the rapidly evolving landscape of technology, the ability to adapt, innovate, and embrace change has become a cornerstone of organisational success. The imperative to embrace innovation and leverage cutting-edge tools is not just a strategic consideration; it’s an essential
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79% of Indonesian Financial Institutions Believe in Data-Driven Decision-Making
In an era driven by data and technological innovation, the financial sector finds itself at the intersection of analytics and business strategy. Indonesian financial institutions (FIs) recognise the game-changing capabilities of advanced analytics and are proactively aligning their strategies to
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Are Super Apps the Path to Success for Indonesia’s E-Wallets?
In recent years, Asia has seen an explosion in the usage of e-wallets, particularly in Indonesia, where transaction values of 33.4 percent year-on-year (y/y) to IDR 407.53 trillion (approx. US$27.63 billion) in 2022. The popularity of digital wallets has reached such levels
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Grab Indonesia’s President Ridzki Kramadibrata Moves on to Commissioner Role
Southeast Asian superapp Grab Indonesia has appointed Ridzki Kramadibrata as a member of the Board of Commissioners, effective 1 July 2023 onwards. Ridzki joined Grab Indonesia as a Managing Director in January 2016 before he was promoted as the President
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Patrick Walujo Steps up as President Director and CEO of GoTo
Andre Soelistyo has resigned from his position as the president director of Indonesian superapp and e-commerce platform provider GoTo. The move was approved by shareholders during GoTo’s annual general meeting this year. Soelistyo, moving into the role of Commissioner, will
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TOPPAN IDGATE Deploys Facial Recognition Tech on Kiosks for Digital Onboarding
It can be difficult for financial institutions to rely exclusively on physical branches for comprehensive service for certain markets, particularly those spanning large territories. In such cases, Modular Service Kiosks are the perfect alternative, extending financial and payment services to
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EWA Firm Paywatch Expands to Indonesia With Bank KB Bukopin Partnership
Earned Wage Access (EWA) service provider Paywatch has expanded its footprint to Indonesia with a partnership with Indonesia’s Bank KB Bukopin. The firm joins the growing EWA landscape in Indonesia with its rivals GajiGesa and Wagely. Paywatch is one of
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Indonesian Digital Mortgage Firm Ringkas Snags US$3.5 Million Seed Funding
Ringkas, an Indonesian digital mortgage startup, has raised a US$3.5 million seed funding round in a bid to address homeownership challenges in the country, according to a report by e27. Led by East Ventures and Crestone Venture Capital, the round
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Indonesian Credit Scoring Firm Skorlife Raises US$4 Million Seed Funding
Indonesian credit scoring firm Skorlife has secured US$4 million in a seed funding round led by Hummingbird Ventures and joined by QED Investors, AC Ventures, and Saison Capital. Skorlife had previously raised a US$.2 million pre-seed round in September 2022
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Indonesian VC East Ventures Raises US$250 Million for Its Growth Plus Fund
Indonesia-focused venture capital firm East Ventures announced the first and final close of its US$250 million Growth Plus fund. The fund will specifically target its own portfolio companies that demonstrate strong potential. East Ventures added that its Seed and Growth
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