Clik here to view.
Investors Bullish on Fintech in Southeast Asia, Especially Indonesia
Nearly 75% of limited partners (LPs), or organizations and individuals investing into funds and non-direct investment entities such as family offices, high net worth individuals and corporate venture...
View ArticleClik here to view.
5 of Indonesia Fintech’s Biggest Funding Rounds of 2018
DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November...
View ArticleKinerjaPay Receives US$200 Mil Funding From Indonesian Investment Firm
KinerjaPay, a digital payment and e-commerce platform, announced that it has received US$200 from PT. Investa Wahana Group, Indonesia, divided into US$100 million in shares of the Company’s Series F...
View ArticleWith Go-Jek’s New Acquisition, Could Blockchain Be A Secret Weapon Against Grab?
Thanks to Go-Jek’s diversification strategy, it’s pretty easy to get a glimpse about the company’s future direction based on what companies they’ve acquired or shook hands with. This time around, it’s...
View ArticleClik here to view.
GO-JEK Announces Singapore Partnership with Carousell
Ride-hailing service GOJEK has today announced a partnership with Carousell, Singapore’s most popular consumer-to-consumer marketplace, to reward Carousell users who are new GOJEK riders with S$13 in...
View ArticleClik here to view.
Commonwealth Bank’s Wealthtech App Gains Swiss Expertise from Additiv
In today’s digital world, investors increasingly demand to be able to stay abreast of market developments and manage their financial assets from their mobile devices. However, most financial...
View ArticleClik here to view.
UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment...
UnPAY and Tencent Research Institute have jointly published a whitepaper (in Chinese) on Indonesia’s payment market. This whitepaper focuses on hotspots and key issues of the payment system in...
View ArticlePing An Aims to Bring In China’s Fintech Expertise to Indonesia
Ping An, the world’s largest insurer by value, has announced the launch of it’s fintech arm OneConnect in Indonesia. The fintech arm will be offering a suite of services ranging from Artificial...
View ArticleInsurance & Indonesia: What Grab’s New US$1.46 Bil Brings to The Table
Grab has been accused of being the most capitalised startup in Southeast Asia’s history, and with this recent closing of a whopping Series H we find it hard to disagree. Grab opened this round round...
View ArticleAn Indonesian Plot Twist: Fintech Akulaku Buys Stake into a Bank
Alibaba-backed Akulaku is the top funded fintech startups in Indonesia, and now a shareholder of a local bank as reported by Katadata. Akulaku reportedly made an Rp 500 billion (approximately SG$48...
View ArticleClik here to view.
10 of the Top Fintech Startups in Indonesia for 2019
Fintech has entered a new age in Indonesia, most ostensibly represented when the wild wild west of the peer-to-peer lending scene in Indonesia is finally regulated by the Otoritas Jasa Keuangan (OJK),...
View ArticleSingapore’s tryb Invests in Indonesian Property Crowdfunding Platform Gradana
tryb announced today that it lead the pre-series A round for Gradana, a peer-to-peer property crowdfunding platform based in Indonesia. According to Gradana’s CEO Angela Oetama, one of the key...
View ArticleClik here to view.
Bukalapak’s Fintech Could Outgrow its E-Commerce, Said Co-Founder
One cannot talk about startups in Indonesia without bringing up Bukalapak, arguably one of the biggest e-commerce platforms in the nation. Bukalapak has graduated from its startup roots and gained the...
View ArticleIndonesia’s Central Bank Governor Unveils 5 Key Payments Initiative
Bank Indonesia Governor, Perry Warjiyo recently unveiled “Indonesia’s Payment System 2025 Vision” a strategic framework consisting of 5 key initiatives to future proof Indonesia’s payments ecosystem...
View ArticleIndonesian P2P Lender Koinworks Raises SGD$ 16.5 Million in Series B Round
KoinWorks, one of Indonesia’s key players in the peer-to-peer (P2P) lending space, OJK, today announced its Series B fundraise of S$16.5 million (IDR 170 billion). Prior to this funding round,...
View ArticleClik here to view.
Indonesia’s OVO Adopts Refinitiv’s World Check to Boost KYC Capabilities
OVO, one of Indonesia’s leading digital payments platform, has selected Refinitiv’s World-Check to support its Know-Your-Customer (KYC) and Anti-Money Laundering (AML) procedures to minimize its...
View ArticleGo-Jek Has Brought in Rival E-Wallet LinkAja Into its Ecosystem
Go-Jek announced that it will integrate its rival e-wallet, LinkAja by the end of this year, which means that it will operate alongside Go-Pay within its extended ecosystem. Go-Pay is an extension of...
View ArticleClik here to view.
Visa to Invest in GOJEK and Collaborate on Digital Payments Across Southeast...
Visa, has invested in GOJEK, as part of the latter’s ongoing Series F fundraising round. The two companies will work together to provide greater options for cashless payments and more seamless...
View ArticleClik here to view.
Grab Takes The Fight to Go-Jek’s Home Turf with US$ 2 Billion Investment
Grab announced today it will invest US$2 billion into Indonesia over a period of five years with the capital invested by SoftBank, to accelerate the development of the country’s digital infrastructure....
View ArticleClik here to view.
Backed by Tencent’s Co-Founder, Koku Eyes Indonesian Expansion
Singapore based fintech KOKU has announced its plans to expand into Indonesia. Its regional expansion follows their successful US$2 million pre-series A funding round earlier this year, which was led...
View Article