Tag: digital payment
Paypazz Invests US$30M in Singapore’s Xfers
JAKARTA (TheInsiderStories) - Finance technology (FinTech) firm, Payfazz, invested US$30 million in Singapore-based Xfers to provide financial access for businesses through a robustly built payment infrastructure...
Indonesia’s Xendit Raises US$64.6M Series B Funding
JAKARTA (TheInsiderStories) - Xendit, the fastest growing digital payments infrastructure for Indonesia, Philippines, and other Southeast Asia' countries, has raised Series B funding worth of US$64.6 million...
Indonesia’s GoJek and Grab Holdings in Merger Taks
JAKARTA (TheInsiderStories) - Southeast Asia' largest online transportation apps, PT Aplikasi Bangsa (GoJek) and Malaysia' Grab Holdings Inc., in merger talks, global media reported on Monday...
Indonesia’s Lippo Group to Divest 70% OVO’s Shares
JAKARTA (TheInsiderStories) - Indonesia's largest and most diversified conglomerate Lippo Group confirmed it will sell around 70 percent shares in PT Visioner International (OVO),...
Indonesia’s GO-PAY Transactions Reached US$6.3B in 2018
JAKARTA (TheInsiderStories) - Indonesian digital payment provider, GO-PAY usage transactions reached US$6.3 billion throughout 2018, said the company in official statement. The transaction was...
KinerjaPay Acquires Data Center Provider’s Kinerja Indonesia
JAKARTA (TheInsiderStories) - KinerjaPay Corp., (OTCQB: KPAY), an Indonesian digital payment and e-commerce platform announced its plan to acquire data center & business services provider PT...
Opportunities and Challenges of Digital Payment Industry in Indonesia
JAKARTA (TheInsiderStories) - For Indonesia, Digital Payment System may well be the next big thing, combining existing mobile phone usage and the country's growing financial...
How Blockchain Will Enable a Real Shared Payment System
JAKARTA (TheInsiderStories) – The sharing economy continues to expand, necessitating evolution of traditional financial institution business models, particularly with digital payment systems.
Today, blockchain is...
KinerjaPay Business Growing Rapidly Follows The Development of Digital Payment
JAKARTA (TheInsiderStories) - KinerjaPay Corp. (OTCQB: KPAY), an Indonesian digital payment and e-commerce platform announced in 2017, total transactions grow 192 per cent in 2017, to...
A Cashless Society Benefits SMEs
JAKARTA (TheInsiderStories) - The Government has promoted non-cash payment to Small, Medium Enterprises (SMEs) by setting up a synergy between Bank Indonesia (BI), the Financial Service...
Disruption in Banking Industry: Non-Bank Electronic Wallets
JAKARTA (TheInsiderStories) - Financila technology (FinTech) startups in Indonesia have initiated a revolution in the way financial institutions, including banks, in the country are...
Indonesia’s Long Journey To a ‘Cashless Society’
Jakarta (TheInsiderStories) - In recent years, Indonesia’s urban population has become accustomed to use non-cash payment instruments, such as credit cards, debit cards, ATM...
