Tag: Indonesian
Breaking News
OJK Greenlights Sunday’s Acquisition of KSK Insurance Indonesia – Fintech Singapore
by Fintech News Singapore
March 7, 2024
Thailand-based insurtech startup Sunday has successfully acquired a 99% stake in PT KSK Insurance Indonesia, a general insurer, according...
Aspire Offers Access to Google Workspace Tools for Singapore and Indonesia SMEs – Fintech Singapore
Singapore-based B2B fintech firm Aspire has announced a collaboration with Google Cloud aimed at supporting startups and small and medium-sized enterprises (SMEs) in their...
Bukalapak Pulls Plug on In-House BNPL Offering – Fintech Singapore
Indonesian e-commerce leader Bukalapak has phased out its buy now, pay later (BNPL) service, BukaCicilan, as of 29 February 2024.
This decision reflects the broader...
Wise to Discontinue E-Wallet Holdings in Indonesia Amid Licensing Challenges – Fintech Singapore
Online money transfer service Wise announced that its users in Indonesia will no longer be able to store funds within the app’s e-wallet, effective...
wagely Raises US$23M to Boost Earned Wage Access in Indonesia and Bangladesh – Fintech Singapore
wagely, an Indonesian earned wage access (EWA) firm, has raised US$23 million in a funding round comprising both equity and debt financing. The round...
BW Digital and Citramas Group forge strategic partnership to build end-to-end digital ecosystem in Batam
SINGAPORE/ INDONESIA, Mar 4, 2024 - (ACN Newswire) - BW Digital and Citramas Group today announced the signing of a memorandum of understanding (MoU)...
Fairbanc to Enhance Indonesian Operations with US$13.3M Debt Financing – Fintech Singapore
by Fintech News Indonesia
March 4, 2024
B2B embedded finance startup Fairbanc has secured US$13.3 million in debt financing from digital lending arm of Pegadaian, a...
Mitsubishi Electric Building Solutions to Supply Elevators and Escalators for New Capital Relocation Project in Indonesia
TOKYO, Feb 27, 2024 - (JCN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) has announced that...
Gen AI, cloud optimization, see SuperApp Grab turn a profit
Singapore-based superapp Grab logged its first ever positive net profit late last week, and revealed it was helped by cutting cloud costs and adopting...
ICDM Survey Reveals Imperative for Boards in ASEAN to Realign Priorities Towards More Effective and Sustainable Governance
KUALA LUMPUR, Feb 23, 2024 - (ACN Newswire) - The Institute of Corporate Directors Malaysia (“ICDM”) recently concluded a comprehensive survey across Southeast Asia...
OJK Conducts In-Depth Probe on Investree Following CEO’s Misconduct Allegations – Fintech Singapore
The Indonesian Financial Services Authority (OJK) is closely monitoring Investree, a fintech peer-to-peer lending platform, following public reports of potential operational and consumer protection...
Indonesia’s President-Elect to Spend $9B on Metaverse Cities
Prabowo Subianto, who promised to spend about $9 billion on metaverse cities, is set to take over as Indonesia’s next president after winning 60%...