For more than a decade, Asia has been the largest regional banking market and as the continent’s massive…
Indonesia
Celent, a global research and advisory firm for the financial services industry, announced Bank Rakyat Indonesia (Bank BRI)…
In this current era of digitalization and personalization, the concept of Open Banking has been rapidly disclosed among…
Atome Financial, the parent company of Buy Now, Pay Later (BNPL) firm Atome, has completed its acquisition of…
Validus’ Indonesian subsidary Batumbu has received regulatory approval to operate as a licensed digital financing platform from the…
Indonesian e-wallet LinkAja has selected Indian software company PureSoftware’s Arttha Digital Payments suite to power its core systems.…
Indonesian fintech startup PAYFAZZ announced that it has invested US$30 million in Xfers, Singapore-headquartered counterpart to form a…
Indonesia is considered the crown jewel for many fintechs looking to expand to the ASEAN market. Over the…
Indonesian e-wallet unicorn OVO has tied up with Manulife Aset Manajemen Indonesia (MAMI) and its strategic partner Bareksa…
Fintech continued to lead Indonesia’s startup funding landscape in 2020, making up for most of the money raised…
Standard Chartered has formed a strategic partnership with Bukalapak to launch digital banking offerings which will be hosted…
BukuKas, a digital platform and app for digitising SMEs in Indonesia, has raised USD 10 million during its…
ZA Tech, the Hong Kong-based technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision…
Gojek has acquired 22% of Indonesia’s Bank Jago as part of a strategic partnership to offer financial services…
Grab doubles down on Indonesia by leading a Series B funding round worth US$100 million in Indonesian e-wallet…
Microsoft and Bukalapak, an Indonesian e-commerce platform, have formed a strategic partnership where the latter will adopt Microsoft…
Bank Indonesia, the country’s central bank, has issued two new e-money licenses so far this year. These two…
Igloo, Singapore-headquartered insurtech firm, announced partnerships with Union Bank of the Philippines and Indonesia’s Akulaku to offer micro-insurance…
iPrice Group collaborated with App Annie, an app market data and insight company, to summarise updates on e-wallet…
UOB Indonesia launched TMRW, its digital bank to serve the Indonesian market as part of the group’s strategy…
