PYMNTS-MonitorEdge-May-2024

Indonesia

Kredivo Assembles BNPL Offer With IKEA Indonesia
Kredivo Assembles BNPL Offer With IKEA Indonesia
December 16, 2021  |  Buy Now Pay Later

The Indonesian buy now, pay later (BNPL) platform Kredivo is teaming up with IKEA to offer customers the chance to pay for their furniture in...

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Indonesian FinTech Startup Flip Raises $48M to Accelerate Expansion
Indonesian FinTech Startup Flip Raises $48M to Accelerate Expansion
December 08, 2021  |  Investments

FinTech payments startup Flip raised $48 million in a Series B funding round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners, according...

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Indonesia, UAE Banks Collaborate on Cross-Border Payments
Indonesia, UAE Banks Collaborate on Cross-Border Payments
November 30, 2021  |  International

The central banks of Indonesia and the United Arab Emirates (UAE) have signed an agreement to boost payment system cooperation. As Open Gov Asia reported...

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Indonesians Can Open Bank Account with GoJek App
Indonesians Can Open Bank Account with GoJek App
November 29, 2021  |  Digital-First Banking

Digital wallet GoPay is teaming with Bank Jago, the technology bank from Indonesia, to work on more streamlined digital banking to help the vast number...

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Indonesian Super App GoTo Lands $1.3B in Funding 
Indonesian Super App GoTo Lands $1.3B in Funding 
November 11, 2021  |  Investments

GoTo Group has secured $1.3 billion from investors as the Indonesian tech company prepares for its initial public offering.  As CNBC reported Thursday (Nov. 11),...

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Standard Chartered Partners With Kredivo for BNPL in Indonesia
Standard Chartered Partners With Kredivo for BNPL in Indonesia
October 29, 2021  |  Buy Now Pay Later

Indonesian customers can grab small loans through a partnership between FinTech Standard Chartered and digital credit platform Kredivo, which was announced on Thursday (Oct. 28),...

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Indonesia’s Paper.id Launches B2B BNPL Tool
Indonesia’s Paper.id Launches B2B BNPL Tool
October 06, 2021  |  BNPL

The Indonesian B2B invoicing firm Paper.id has launched a buy now, pay later (BNPL) tool aimed to help small businesses recover from COVID-19-related losses.  As...

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Payments Firm Oy! Indonesia Lands $30M Series A
Payments Firm Oy! Indonesia Lands $30M Series A
September 24, 2021  |  Investments

The payments aggregator Oy! Indonesia has concluded a $30 million Series A funding round led by Japan’s SoftBank. As the website Fintech Futures reported on...

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Indonesia’s Traveloka Offers BNPL to the Underbanked
Indonesia’s Traveloka Offers BNPL to the Underbanked
September 20, 2021  |  Buy Now Pay Later

Traveloka, Indonesia’s travel startup turned super app, is taking a further step into the buy now, pay later (BNPL) arena. The company on Monday (Sept....

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