PYMNTS-MonitorEdge-May-2024

Indonesia

Indonesia Plans Launch of Crypto Stock Market This Year
Indonesia Plans Launch of Crypto Stock Market This Year
September 01, 2022  |  Cryptocurrency

Before the year ends, Indonesia plans to launch a cryptocurrency bourse after being postponed last year because some of the finer points of the process...

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Indonesia, Singapore Team on XBorder QR Code Payments
Indonesia, Singapore Team on XBorder QR Code Payments
August 29, 2022  |  Cross-border Payments

Bank Indonesia and the Monetary Authority of Singapore (MAS) have begun working on a cross-border QR payment method between Indonesia and Singapore, a press release...

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Dana Raises $250M to Expand Digital Wallet Use
Dana Raises $250M to Expand Digital Wallet Use
August 10, 2022  |  Investments

Indonesian digital wallet company Dana is looking to expand after raising $250 million from local firm Sinar Mas and Alibaba’s Lazada Group. Dana CEO Vince...

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Indonesia Lifts Ban on PayPal Use
Indonesia Lifts Ban on PayPal Use
August 03, 2022  |  Payment Methods

Consumers in Indonesia can now begin using PayPal after the payments company registered in that country as an electronic systems operator. As Reuters reported Wednesday...

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Indonesia’s Akulaku Expands BNPL Offering
Indonesia’s Akulaku Expands BNPL Offering
July 05, 2022  |  Buy Now Pay Later

Indonesian digital banking and finance platform Akulaku is expanding its buy now, pay later (BNPL) platform Akulaku PayLater, according to a Tuesday (July 5) press...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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Today in B2B: Razer Fintech Expands Into Indonesia; How Digital-First CFOs Use Data
Today in B2B: Razer Fintech Expands Into Indonesia; How Digital-First CFOs Use Data
June 09, 2022  |  B2B Payments

Today in B2B payments, Tipalty adds accounts payable invoice collaboration features to its platform, and instant pay is becoming a recruiting tool to attract top...

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Indonesian Tech Firm GoTo Reassures Investors of Growth as Net Losses Triple in ’22 Q1
Indonesian Tech Firm GoTo Reassures Investors of Growth as Net Losses Triple in ’22 Q1
May 30, 2022  |  Earnings

Ride-hailing and eCommerce firm GoTo Group, in its first quarter as a public company, has posted 53% gross revenue growth, which sees it accelerating from...

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GoTo’s Post-IPO Ascent Is Far From a Done Deal
GoTo’s Post-IPO Ascent Is Far From a Done Deal
April 06, 2022  |  Investments

GoTo’s initial backers can expect very healthy returns on investment, indeed — but one wonders what’s next. As noted in this space last week, GoTo...

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