Tag "Bank Jago"
Ribbit Capital Snaps up a Minority Stake in Indonesian Digital Bank Jago
Venture capital firm Ribbit Capital has snapped up a minority stake in Bank Jago, a Gojek-backed digital bank. Ribbit Capital had previously invested in Tinkoff, Revolut, BharatPe, Robinhood, Affirm, Nubank, Coinbase and Credit Karma. Prior to this, ride hailing super app
Read MoreGojek-Backed Bank Jago Ties up With Mambu and Google Cloud
Bank Jago, a Gojek-backed Indonesian bank, has selected Mambu’s SaaS banking platform as its technology foundation as the bank begins its journey towards operating as a technology based-bank. Mambu’s innovative, flexible and responsive digital banking platform will underpin Bank Jago’s
Read MoreGojek Makes Financial Push in Indonesia With 22% Stake Acquisition in Bank Jago
Gojek has acquired 22% of Indonesia’s Bank Jago as part of a strategic partnership to offer financial services in Indonesia. The investment, made through Gojek’s payments and financial services arm, will reportedly be worth 2.25 trillion Indonesian rupiah (US$159 million).
Read More