Grab-Backed GXS Bank Takes 7.22% Stake in Indonesia’s Superbank
Grab-backed GXS Bank has bought 2.44 billion shares in Indonesia’s Superbank, giving it a 7.22% stake in the listed digital bank. The purchase adds to Grab’s indirect exposure to Superbank as the...
View ArticleOCBC Said to Lead Race for HSBC’s Consumer Business in Indonesia
HSBC’s planned sale of retail banking assets in Indonesia has attracted several regional lenders, with OCBC now emerging as the lead contender, Bloomberg reported, citing people familiar with the...
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Southeast Asia Payment Methods in 2026: Everything You Need to Know
We often group the Southeast Asian region under one label when talking about the countries casually: SEAblings. But each country has its own unique identity, which transcends to how each market uses...
View ArticleKredivo Group Acquires Vietnamese Digital Bank Timo in Regional Push
Kredivo Group, the Indonesia-based buy now, pay later and fintech company, has acquired Vietnam-based digital bank Timo, according to Tech in Asia, based on sources familiar with the matter. The report...
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How Jalin Became Indonesia’s National Payments Backbone
Indonesia’s digital economy is not just growing; it is reshaping how millions transact every day. With strong consumer adoption, rapid digital payment growth, and coordinated infrastructure...
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Indonesia Is Emerging as Asia’s Next RWA Hub
Indonesia Blockchain Week, held in Jakarta on December 10–11, is the country’s largest digital-finance gathering, bringing together many of the sector’s leading global participants. The conference...
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Airwallex Acquires Majority Stake in Indonesian Payment Provider
Airwallex has acquired a majority stake in Skye Sab Indonesia, a Category 1 PJP (Penyedia Jasa Pembayaran) license holder. The acquisition enables Indonesian merchants seeking international expansion...
View ArticleTyme Targets Retail Banking in Indonesia via Acquisition, Plans Vietnam Launch
Tyme Group is accelerating its Southeast Asian expansion, planning to launch full retail banking services in Indonesia through an acquisition after rolling out GoTyme Indonesia’s MSME lending products...
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Sunline Summit in Jakarta Focuses on Modernising Core Banking with AI
Over 100 senior leaders from regulators, banks, and technology companies gathered in Jakarta on 7 August for the Banking Summit Indonesia 2025. Co-hosted by Sunline and the Indonesian Banking...
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Malaysia’s Ryt Bank Taps Provenir’s AI Platform to Support Lending and...
Provenir has announced that its AI decisioning platform will support Ryt Bank’s credit risk assessments, personalised loan approvals, and automated compliance checks. Ryt Bank, developed by YTL Digital...
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OJK Approves Seedflex as Financial Services Aggregator in Indonesia
Singapore-based Seedflex is now officially registered with Indonesia’s financial services authority, Otoritas Jasa Keuangan (OJK), as a provider and aggregator of financial products and services. With...
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Crypto Firms in Indonesia Must Rethink Their Compliance Now, Or Risk Losing Out
Once known for speed and disruption, Indonesia’s crypto industry is now facing its biggest reckoning: compliance or irrelevance. With OJK taking the regulatory reins and the Travel Rule now in force,...
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Oradian Expands Footprint to Indonesia, Joins National Fintech Association
Core banking software provider Oradian has entered the Indonesian market and joined the Indonesian Fintech Association (AFTECH) as its first international member. The move marks a strategic step in the...
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OCBC to Merge Securities Operations with Global Markets by July 2025
OCBC will integrate its securities businesses in Singapore, Hong Kong and Indonesia into its Global Markets division effective 1 July 2025. This move comes as OCBC looks to sharpen its focus on a...
View ArticleGrab Said to Be in Advanced Talks to Acquire GoTo, Deal May Materialise in Q2
Grab is in advanced talks to acquire Indonesian tech company GoTo in the second quarter of this year, according to two sources familiar with the matter, as reported by Reuters. The Singapore-based firm...
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Aspire Reportedly Scaling Back Indonesia Operations
Singapore-based fintech Aspire is reportedly scaling back its Indonesia operations as it pivots toward global expansion, particularly in the US. The move has led to layoffs affecting up to 20 staff in...
View ArticleDBS Reportedly in Lead to Acquire Controlling Stake in Indonesia’s Panin Bank
DBS Group has emerged as the leading contender to acquire a controlling stake in Indonesia’s Panin Bank, according to people familiar with the matter, as the Singaporean bank progresses through the...
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VinFast and Bank Negara Indonesia Partner to Accelerate EV Adoption in Indonesia
VinFast, a Vietnamese EV manufacturer and a subsidiary of Vingroup, has signed a MoU with Bank Negara Indonesia (BNI) during the Vietnam-Indonesia High-Level Business Dialogue. The MoU aims to develop...
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GXS Group Taps Thoughtworks to Bolster Tech Infrastructure for Its 3 Digital...
GXS Group has partnered with technology consultancy Thoughtworks to support the launch of its digital banking platforms in Singapore and Malaysia. The group operates as GXS Bank in Singapore and GXBank...
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GoTyme Indonesia Offers Flexible Financing for MSMEs with Danabijak, Olsera
GoTyme Indonesia has partnered with Danabijak and Olsera to introduce a Merchant Cash Advance (MCA) program, aimed at providing quick and flexible financing to MSMEs. This is said to be the first such...
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