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FinTech Could Help Indonesia’s Micro-SMEs

JAKARTA (TheInsiderStories)--Financial technology (FinTech) could help Indonesia's micro, small, and medium enterprises (micro-SMEs) and boost the financial inclusiveness. CEO of International Finance Corporation (IFC) Philippe...

PayPal Joins Indonesia’s Alpha to Invest US$5M in Fintech Funding

JAKARTA (TheInsiderStories) - Indonesia's venture capital firm Alpha JWC Ventures has announced to join with global technology platform and digital payments leader PayPal Holdings, Inc....

Singapore’s Caroussel Raises US$85 M, Seeks Expansion in Indonesia

JAKARTA (TheInsiderStories) - Singapore-based e-commerce company Carousell has announced the closing of an US$85-million Series C funding round led by Rakuten Ventures and EDBI. Carousell...

Policy Review: Next Phase of NPG Program Should Merges With FinTech

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) is ready to implement the second phase of the National Payment Gateway (NPG). The central bank and stakeholders in the...

Reynold Wijaya of Modalku: We Only Take the Crumble of the...

JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally,...

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...