Indonesia

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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B2B Market Ralali Looks to Raise $50M in Series D
B2B Market Ralali Looks to Raise $50M in Series D
September 02, 2021  |  B2B Payments

Ralali, a B2B marketplace based in Indonesia, is looking to raise $50 million in a Series D funding round, Nikkei Asia reported Thursday (Sept. 2)....

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Bukalapak’s $1.5B IPO Tracking To Be Biggest Offering In Indonesia
Bukalapak’s $1.5B IPO Tracking To Be Biggest Offering In Indonesia
July 16, 2021  |  IPO

Indonesian eCommerce firm Bukalapak increased the size of its initial public offering (IPO) to $1.5 billion and is on track to be the largest public...

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Kredivo Lands $100 Million For BNPL In Indonesia
Kredivo Lands $100 Million For BNPL In Indonesia
June 21, 2021  |  Buy Now Pay Later

Digital loans and credit platform Kredivo has raised $100 million in an expanded debt facility, the Indonesia-based  FinTech announced on Monday (June 21) in a...

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Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
May 20, 2021  |  ANTITRUST

Indonesia’s antitrust agency said it wants to take a look at the history-making merger between two of the country’s startups to guard against monopolistic practices....

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Gojek Tokopedia Deal Takes On Grab For SuperApp Status
Gojek Tokopedia Deal Takes On Grab For SuperApp Status
May 17, 2021  |  Partnerships / Acquisitions

Gojek finalized its acquisition of Tokopedia to form GoTo Group, Indonesia’s biggest technology group. Aside from ride-hailing and food delivery, the combined entity will also...

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Report: Indonesia’s GajiGesa Adds New Investors
Report: Indonesia’s GajiGesa Adds New Investors
May 09, 2021  |  B2B Payments

GajiGesa, an Indonesian FinTech serving the country’s vast population of underbanked workers, has added new investors that will provide funds for adding services and customers,...

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Microsoft Leads Indonesian eCommerce Firm Bukalapak’s $234 Million
Microsoft Leads Indonesian eCommerce Firm Bukalapak’s $234 Million
April 14, 2021  |  Investments

Bukalapak, an Indonesian eCommerce company, has raised $234 million in a funding round, Reuters reported. The round was led by Microsoft, Singapore sovereign wealth fund...

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Got Rails? For Indonesia’s Xendit, Infrastructure Is Baked Into The Business Model
Got Rails? For Indonesia’s Xendit, Infrastructure Is Baked Into The Business Model
March 18, 2021  |  Payment Methods

Building a digital payments infrastructure from the ground up in Southeast Asia is every bit as challenging as it sounds. Case in point: When FinTech...

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