Tagged: jakarta

October 27, 2023 @ 12:49 pm By Omar Faridi  |  

We recently spoke with Markus Prommik, CEO and Co-founder of Finfra, a Fintech platform that develops white-labeled lending products for non-Fintech companies seeking to integrate financial services into their platforms. Based in Jakarta, Indonesia, Finfra not only provides practical embedded lending solutions to their clients… Read More

December 7, 2022 @ 10:38 pm By Omar Faridi  |  

BDx Indonesia, a joint venture company of Big Data Exchange (BDx), PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), and PT Aplikanusa Lintasarta, and the largest wholesale data center and cloud-focused operations creating digital infrastructure in the Indonesian market, is pleased “to announce the appointment… Read More

November 6, 2022 @ 8:37 pm By Omar Faridi  |  

Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support “the success of its Wealth Management Division.” Avaloq will “enable the bank to digitalize key business processes and meet the needs of the country’s growing wealth management and private banking clients.”… Read More

October 14, 2022 @ 6:11 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and Bank Indonesia recently announced the winners of the G20 TechSprint 2022 challenge during a live award ceremony in Jakarta. This year’s competition, under the Indonesian G20 Presidency, was launched in April to catalyze new technologies that “would better… Read More

July 12, 2022 @ 9:14 pm By Omar Faridi  |  

Rey Assurance, which claims to be the first dedicated and integrated health, life and critical illness Insurtech company in Indonesia, recently announced $4.2 million in seed funding to advance its digital health products and tech platform. In addition to announcing the funding from the Trans-Pacific… Read More

December 6, 2021 @ 10:41 pm By Omar Faridi  |  

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More

September 7, 2020 @ 11:16 pm By Omar Faridi  |  

Indonesia’s Fintech Lenders Association (AFPI) has reportedly offered to help with disbursing funds that have been allocated to the country’s national economic recovery program (PEN). As first reported by the Jakarta Post, the Indonesian government has been struggling to obtain the data required to provide… Read More

June 30, 2020 @ 12:57 am By Omar Faridi  |  

Digital technology startups need venture capital or some other type of reliable funding to grow and expand their operations. Several foreign investors have been supporting Indonesian startups which are a critical part of the trillion-dollar economy. Investors have been investing in selected qualified Indonesian start-ups,… Read More

May 10, 2020 @ 6:22 pm By Omar Faridi  |  

PT Cashlez Worldwide Indonesia, which is reportedly the nation’s first Fintech payment company to be publicly listed, saw its share price increase from Rp 350 (appr. $0.23) to Rp 384 within minutes after trading began on the Indonesia Stock Exchange (IDX). Cashlez said it will… Read More

February 17, 2020 @ 10:43 pm By Omar Faridi  |  

Indonesia-based PT Pegadaian, a state-owned pawnshop, is reportedly planning to work with several Fintech firms in order to create digital financing solutions, which will help the pawnshop expand its business operations. PT Pegadaian’s management realizes the potential of the growing digital finance ecosystem and intends… Read More

January 14, 2016 @ 1:39 am By Midori Yoshimura  |  

Based in Jakarta, Indonesia, a new marketplace for peer-to-peer (P2P) lending officially launched today to give Indonesia’s small and medium enterprises (SMEs) greater access to funding by means of loans pooled from crowdfunding, according to a story in the JakartaGlobe. Modalku offers companies quick access to non-collateral loans with interest rates between… Read More