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In Indonesia, digital bank players are growing more and more in line with the trend of people’s needs who crave practical financial services. As of June 2021 alone, the Financial Services Authority (OJK) stated that ...
PT Astra International Tbk (IDX: ASII) announced its acquisition of PT Bank Jasa Jakarta (BJJ). In signing the Shares Subscription Agreement (SSA), Astra through PT Sedaya Multi Investama acquired 1.138 million shares or about 49.56% ...
After a week, Traveloka again announced its collaboration with Bank Jago. The goal is to expand credit distribution through Traveloka Paylater. This was done in the midst of the rapid growth of these financing services. ...
Bank Mandiri and BRI injected capital for financial technology startup, Ayoconnect, in a Series B funding round, through a subsidiary. This start-up company received an investment of US$ 10 million or IDR 143 billion. BRI ...
Wallex’s popularity among Indonesian businessmen has succeeded in driving the growth of the number of company transactions by four times throughout 2020 when compared to the previous year. According to Wallex’s COO, Hiro Kiga, during ...
Flip.id, a free interbank transfer service provider application in Indonesia, is still implementing WFH. The application by the University of Indonesia Faculty of Computer Science alumni is headquartered in Depok, West Java, where there are ...
The financial technology startup (fintech) Transfez claims, its service saves the cost of sending money abroad or remittances up to 91% compared to conventional. This startup also targets to be able to provide remittances of ...
Startup Finfleet combines logistical services and smart behavior to help banks to financial technology (fin-tech) get consumers without having to open branches. Currently, Finfleet has provided services for 12 banks. Finfleet was reported to have ...
The investment of banks with big capital in the technology-based financial industry (fin-tech) is getting ticker. At least, throughout the year for the next three years, more than IDR 1 trillion of fresh funds from ...
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