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E-wallets Indonesia Wealthtech

Indonesian E-Wallet OVO Launches Its First Shariah-Compliant Digital Investment Offering

Indonesian e-wallet OVO has launched its first shariah mutual fund product, which comes with one of the lowest buy-in for a product of its kind (less than US$1) and allows investors to instantly cash out their funds in real time.

E-wallets Indonesia InsurTech

OVO Ties up With Prudential Indonesia to Offer Shariah-Compliant Digital Life Insurance

Indonesian e-wallet unicorn OVO has expanded its partnership with Prudential Indonesia to launch a digital shariah life insurance product with affordable premiums. The Asuransi Jiwa Kumpulan Syariah PRUTect Care product is provided by Prudential Indonesia through insurance broker PT Salvus

Indonesia Payments

OVO’s CEO Provides an Insiders’ Look into Indonesia’s Thriving Fintech Scene

Indonesia is considered the crown jewel for many fintechs looking to expand to the ASEAN market. Over the past 15 years, Indonesia has made remarkable progress in reducing poverty which is now below 10%, according to the World Bank. During

Indonesia

Indonesian E-Wallet OVO Rolls Out in-App Investment Product

Indonesian e-wallet unicorn OVO has tied up with Manulife Aset Manajemen Indonesia (MAMI) and its strategic partner Bareksa to roll out an instant redemption mutual fund. OVO claims that this offering is the first of its kind in Indonesia. The

Indonesia InsurTech

ZA Tech Forms Insurtech Joint Venture With Indonesian E-Wallet OVO

ZA Tech, the Hong Kong-based technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision Fund, announced that it has formed a joint venture with the holding company of e-wallet OVO, to offer Indonesian insurance companies easy

Indonesia Lending

OVO’s P2P Lending Arm Taralite Secures License from Indonesia Financial Services Authority

OVO , a leading payments and financial services app in Indonesia, announced that its lending arm, Taralite, a peer-to-peer (p2p) lending services provider, has obtained a business license from the Indonesia Financial Services Authority (OJK). This decree elevates Taralite from

Indonesia

10 Fastest Growing Fintechs in Indonesia According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing fintechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

Indonesia

OVO and Bareksa Partner to Enable Investments for All Indonesians

Ovo, one of Indonesia’s leading digital payment and digital financial services platform kicks off its collaboration with Bareksa, an integrated online mutual fund marketplace. From early February onwards, OVO users can purchase mutual funds through the Bareksa platform seamlessly. Jason

Indonesia Mobile Payments

Grab Reportedly Eyeing to Merge OVO and Dana in a Bid to Compete with Gojek

Ride-hailing giant and super-app aspirant Grab is rumoured to be in talks to merge Indonesian digital payments firm OVO with DANA in which Grab is eyeing to acquire a majority interest in. Currently, Grab already own shares in OVO and

Indonesia Mobile Payments Regtech

Indonesia’s OVO Adopts Refinitiv’s World Check to Boost KYC Capabilities

OVO, one of Indonesia’s leading digital payments platform, has selected Refinitiv’s World-Check to support its Know-Your-Customer (KYC) and Anti-Money Laundering (AML) procedures to minimize its exposure to financial crime risks. This partnership comes at a time when OVO looks to