Indonesia
Swiss Global Enterprise Strengthens Its Regional Presence in Southeast Asia
As of January 1, 2024, Switzerland Global Enterprise (S-GE) has integrated its Singapore and Jakarta locations into the new Swiss Business Hub Southeast Asia + Pacific. This sees S-GE strengthen its regional presence and consulting expertise in the Southeast Asia &
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TOPPAN IDGATE Boosts Trust With Digital Identity Solutions for Banks
Effective digital identity solutions for banks are essential to prevent fraud and spoofing. This becomes intertwined with Anti-Money Laundering (AML) and behavior analysis in recent times. As we navigate this evolving landscape, staying up to date with trends becomes important. The
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Warburg Pincus-Backed Oona Insurance Names Vincent Soegianto as Indonesia CEO
Oona Insurance, a digital general insurance platform in Southeast Asia set up by Warburg Pincus, announced the appointment of Vincent C. Soegianto as the new CEO for its operations in Indonesia. A veteran in the financial services industry, Soegianto, is
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Indonesian Agritech Semaai Raises US$4.7M, Sets Sights on Fintech Partnerships
Indonesian agritech startup Semaai has secured US$4.7 million in a pre-series A funding round led by CyberAgent Capital, bringing its total funds raised to US$ 7.6 million. The raise was also joined by Sumitomo Corporation Equity Asia, Ruvento, MyAsiaVC, and
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Indonesian Neobank KOMUNAL Gears Up for Expansion with US$5.5M Funding
Indonesian fintech company KOMUNAL has secured US$ 5.5 million in a Series A+ funding round led by Sumitomo Corporation Equity Asia. The fundraise also saw participation from several venture capital firms including Jafco Asia, Skystar Capital, Sovereign Capital, and Gobi
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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion
Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large
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JULO Steps up Digital Loans with Embedded Device Protection Insurance
JULO, an Indonesian fintech offering digital peer-to-peer lending, announced that it has launched ‘JULO Cares’, an embedded insurance coverage. This new offering, backed by global general insurer Sompo, provides device protection for users availing of JULO’s digital credit services. Throughout
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Mastercard Rolls Out Cashless Payments for Jakarta’s MRT Commuters
Payment giant Mastercard has partnered with PT MRT Jakarta (Perseroda) to provide more payment options to commuters for cashless transit experiences. This announcement coincides with the renaming of Senayan Station to Senayan Mastercard Station. Travelers can now top up their MRT
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MUFG Pumps US$100M into Home Credit Indonesia for Sustainable Financing
Home Credit, an Indonesian consumer finance company, has secured an investment of US$100 million from Mitsubishi UFJ Financial Group’s (MUFG) division in the country, according to a report by Tech in Asia. This new capital injection will be strategically allocated
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Paywatch Eyes Expansion in Thailand and Vietnam for 2024
Paywatch, an earned wage access (EWA) provider, announced that it has officially expanded its services into Indonesia following its Philippines’ launch in October this year The firm revealed that it had recently partnered with an unnamed local banking partner to
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