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Unicorn Traveloka plans to expand its financial technology (fintech) services to Thailand and Vietnam. This jumbo startup is also reviewing investment in banks in Indonesia. The plan is for expansion to the two countries before ...
Similarweb data shows that the number of visits to the Tokopedia platform overtook Shopee in Indonesia in January. Last month, the green e-commerce announced its collaboration with the South Korean boy band, BTS and the ...
The Singapore Government-owned investment fund manager, GIC Private Limited, has injected US$ 225 million or around IDR 3.15 trillion into PT Bank Jago Tbk. Previously, jumbo startups from neighboring countries such as parent Shopee, Sea ...
The Directorate General of Economic Development and Investment in Disadvantaged Areas and Transmigration from the Ministry of Villages, Development of Disadvantaged Regions and Transmigration (Kemendes PDTT) is collaborating with the startup Ekosis to encourage the ...
Shopee’s parent company, Sea Group, was reportedly interested in taking over Bank Capital (BACA). Now, it is Grab’s turn for decacorn, which is said to be eyeing the national bank’s digital service, namely Capital Net. ...
A financial technology startup (fintech lending) specifically for education, Danacita obtained series A funding of US$ 5 million or around IDR 70.4 billion. These investments are led by Singapore-based venture capitalists, Monk’s Hill Ventures, and ...
A micro-retail startup, Warung Pintar, has acquired a logistics startup, Bizzy Digital. This is done to strengthen the position of corporations in Indonesia’s e-commerce business to business (B2B) market and to support expansion plans. Bizzy ...
UBS Global Research’s research shows that OVO dominated the payment financial technology (fintech) market in Indonesia last year, beating GoPay to ShopeePay. Bank Indonesia (BI) also noted that OVO took the lead in 2019. Based ...
Xendit, the Indonesia-based financial technology company that provides payment solutions, and FDFC, the fintech company behind the Buy Now Pay Later app BillEase, announce today the launch of their joint PayLater solution to help merchants ...
FUNDtastic’s investment and financial management platform raised a total of US $ 7.7 million or around IDR107 billion using an exchange rate of IDR 14,000 per dollar, in early 2021. Harry Hartono, co-founder and CEO ...
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