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Telkom Metra Acquires 51% Stake in Financial Service Firm

JAKARTA (TheInsiderStories) - PT Telkom Indonesia Tbk (IDX: TLKM), through its subsidiary, PT Multimedia Nusantara (Metra Telkom) has officially acquired 51 per cent of PT...

Uber Swaps Southeast Asia Operations with 27.5% Grab’s Shares

JAKARTA (TheInsiderStories) –  U.S's ride-hailing Uber swaps its Southeast Asia operations with 27.5 percent Grab shares, said the Malaysian company on Monday (26/3) for an undisclosed...

Policy Review: Fintech and Accusation as ‘Modern Loan Shark’

JAKARTA (TheInsiderStories) - Indonesia’s vast and young population sounds like a great market opportunity for business players and investors. But there is one catch. The...

Smartag Signs Agreement to Provide Fintech Solutions to Rural Indonesia

JAKARTA (TheInsiderStories) -Smartag International, Inc. (OTC Markets: SMRN) announce that on Feb. 27, entered into a joint venture agreement with PT Supratama Makmur Sejahtera (PTSMS), an...

Telkom Buys 30% Hungarian Cellum Shares To Reinforce FinTech Business

JAKARTA (TheInsiderStories) - The country's telecommunication provider PT Telkom Indonesia Tbk (IDX: TLKM) sharpened its nails in the financial technology (FinTech) business by acquiring a mobile...

GO-JEK Acquires Three Fintech Firms to Strengthen GO-PAY Businesses

Cementing Leadership in Indonesia's Fast Growing Payments Market JAKARTA (TheInsiderStories) - GO-JEK,Indonesia’s mobile on-demand services and payment platform, has acquired three leading financial technology (fintech) businesses in...

UK’s WorldRemit Eyes Indonesian Digital Money Business

The Series C round was led by LeapFrog Investments, with significant participation from existing investors Accel and TCV JAKARTA (TheInsiderStories) - United Kingdom's (UK) leading...

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...

When Payment Innovation Grows Faster than Regulations

JAKARTA (TheInsiderStories) - Indonesia, home of more than 250 million humans, matures with strong consumer power. Dominated by a millennial generation, Indonesia is now entering the...

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...

Indonesian Banks Urges to Go Digital

JAKARTA (TheInsiderStories) - Indonesian Banks Association is gearing up to face the challenge in digitalization and modernization of banking service as the increasing of...