Indonesia

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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Bank Jago To Offer Some Banking Services Early
Bank Jago To Offer Some Banking Services Early
March 05, 2021  |  Digital-First Banking

Bank Jago plans to start offering some banking services in mobile apps ahead of its rollout of full-fledged products, Bloomberg reports. The services Bank Jago...

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Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
March 02, 2021  |  Digital Payments

Digital payments infrastructure firm Xendit notched $64.6 million in a Series B funding round led by Accel, bringing the total raised to $88 million since...

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Indonesia Ride-Hailing Company Announces Plans To Boost Vaccine Drive
Indonesia Ride-Hailing Company Announces Plans To Boost Vaccine Drive
February 28, 2021  |  International

Grab, the Southeast Asia-based ride-hailing company, is collaborating with the government to conduct drive-thru vaccination services in Indonesia, according to Bloomberg. The program started Sunday...

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Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
February 16, 2021  |  IPO

Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO,...

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GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
February 04, 2021  |  Investments

The FinTech GajiGesa Indonesia has landed $2.5 million in a seed round of funding. The company announced via LinkedIn that the funding will be used to...

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Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
January 05, 2021  |  Partnerships / Acquisitions

Indonesia’s ride-hailing and payments platform Gojek is in talks with eCommerce innovator Tokopedia for an $18 billion merger, Bloomberg reported on Tuesday (Jan. 5), citing...

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