Indonesia

Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
January 05, 2022  |  International

Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue...

READ MORE >
Bank of Indonesia Debuts New Retail Payments System 
Bank of Indonesia Debuts New Retail Payments System 
December 21, 2021  |  Payment Methods

The Bank of Indonesia (BI) on Tuesday (Dec. 21) debuted a new retail payments system that BI Governor Perry Warjiyo promised will cut the cost...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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),...

READ MORE >
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),...

READ MORE >
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...

READ MORE >