Indonesia

New Indonesia Credit Card Designed To Help Underbanked
New Indonesia Credit Card Designed To Help Underbanked
September 26, 2019  |  Financial Inclusion

Indonesia-based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s underbanked. The travel and lifestyle platform has received investments from the likes...

READ MORE >
Indonesian Lending FinTech JULO Closes $15M Series A
Indonesian Lending FinTech JULO Closes $15M Series A
September 18, 2019  |  Investments

Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding...

READ MORE >
Grab Looks To Take On Gojek Via OVO Merger
Grab Looks To Take On Gojek Via OVO Merger
September 11, 2019  |  Digital Payments

Indonesian ride-hailing company Grab wants to overtake its rival Gojek, and has some mergers planned to do so, according to Reuters. The SoftBank-backed company is...

READ MORE >
Grab Accelerates AI Expansion With $150M
Grab Accelerates AI Expansion With $150M
September 05, 2019  |  Ridesharing

Grab is planning to earmark $150 million for additional research into artificial intelligence (AI), Bloomberg reported on Thursday (Sept. 5).  Over the next year, the...

READ MORE >
Amazon Reportedly Had Preliminary Go-Jek Investment Talks
Amazon Reportedly Had Preliminary Go-Jek Investment Talks
August 28, 2019  |  Retail

In a move that could grow its services into a populous new market, Amazon has reportedly held discussions with Indonesian ride-hailing firm Go-Jek on a...

READ MORE >
Grab Continues Asian Expansion With Foray Into Vietnam
Grab Continues Asian Expansion With Foray Into Vietnam
August 26, 2019  |  Investments

Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said it was going to invest “several hundred million dollars” in Vietnam,...

READ MORE >
WhatsApp Payments Eyes Indonesia Expansion
WhatsApp Payments Eyes Indonesia Expansion
August 20, 2019  |  Digital Payments

Facebook is in talks with several FinTech companies in Indonesia about bringing mobile transaction services to the country through the WhatsApp chat app, according to...

READ MORE >
Indonesian Payment Company Artajasa Teams Up With Mastercard
Indonesian Payment Company Artajasa Teams Up With Mastercard
August 15, 2019  |  Partnerships / Acquisitions

Mastercard announced it has made a deal with Artajasa Pembayaran Elektronis, an Indonesia-based payment switching company, to work together on the country’s gateway apparatus for...

READ MORE >
GOJEK Said To Be Acquiring Moka POS Startup
GOJEK Said To Be Acquiring Moka POS Startup
August 07, 2019  |  Partnerships / Acquisitions

One of the largest and most valuable tech companies in Indonesia, GOJEK, is said to be about to acquire Moka POS, a company that makes...

READ MORE >