Discover all the payments and fintech-related news and analysis about Indonesia in The Paypers News, Reports, along with other Indonesia-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Indonesia in The Paypers News, Reports, along with other
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China-Based TikTok has revealed its plans to obtain a payments licence in Indonesia and is working with regulators towards this goal.
regulation, ecommerce, payments , expansion
Indonesia has launched a national crypto asset bourse to open transaction records to regulators and protect crypto investors.
cryptocurrency, cryptocurrency exchange, digital assets, regulation, compliance, investment
Cryptocurrency exchange Tokocrypto has received a license as a Physical Crypto Asset Trader (PFAK) from Indonesia’s Commodity Futures Trading Regulatory Agency.
cryptocurrency exchange, regulation, compliance, digital assets
Indonesia-based bank BTPN has partnered with Surecomp to launch its DOKA solution in order to streamline back-office trade finance processing automation.
partnership, product launch, online banking, digital banking, financial data, trade finance
Amazon Web Services has announced that PT Krom Bank Indonesia has been leveraging AWS since the launch of its Krom digital banking service.
partnership, mobile banking, online banking, financial inclusion
Mercuryo has integrated crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian rupiah into 40 digital tokens, including BTC, ETH, and USDT.
crypto, Bitcoin, Ethereum, financial services, financial inclusion
TikTok has entered into a joint venture with Indonesian tech company GoTo to resume its online shopping operations in the country.
partnership, social commerce, ecommerce, online shopping
Bank INA has chosen Mambu’s cloud-native core banking platform as the technology foundation as it brings new digital banking services in Indonesia.
digital banking, cloud banking, partnership, digitalisation
US-based payments provider Nium has partnered with Indonesia-based payment infrastructure company Artajasa to augment cross-border transfers for Indonesians.
cross-border payments, real-time payments, payments infrastructure, expansion, fintech
Indonesia-based digital bank Superbank has announced that it now provides its banking services directly on the Indonesian version of Grab’s mobile app.
partnership, banking, digital banking, bank account, digital payments, payment methods
Singapore-based crypto gateway Alchemy Pay and fintech Berkah Digital have jointly obtained Indonesian licenses to operate remittances and fund transfers.
fintech, crypto, payment gateway, remittance, money transfer, central bank
Indonesia-based peer-to-peer financial technology company JULO has added insurance coverage via its JULO Cares solution.
product launch, insurance, financial inclusion, fintech, credit access, unbanked, financial services, financing
Ayoconnect, an Indonesia-based Open Finance API platform, has partnered with Mastercard to modernise bank account-based payments and co-create Open Finance solutions in Indonesia.
partnership, banks, Open Banking, Open Finance, API
Indonesia-based IBF Net has launched the world’s first Metaverse on the Algorand blockchain in order to support digitalisation in the Islamic world.
blockchain, metaverse, web3, product launch
Nium has partnered with Bank Rakyat Indonesia (BRI) to facilitate real-time international money transfers for Indonesian customers.
payments , ecommerce, financial institutions, cross-border payments, money transfer
World Bank Group’s International Bank for Reconstruction and Development (IBRD) has provided Indonesia USD 250 million to help strengthen the country’s civil registration.
investment, digital identity, banks, biometrics, transactions
US-based transaction guarantee platform Vesta has announced its partnership with Blibli, an Indonesian omnichannel commerce and lifestyle ecosystems, to increase approval rates through its payment guarantee product.
ecommerce, partnership, fraud prevention, risk management, online security
Singapore-based B2B embedded finance startup Fairbanc has received USD 13.3 million in debt financing to expand operations in Indonesia.
BNPL, debt facility, expansion, credit scoring, SMEs
Lending-as-a-service infrastructure provider Finfra has raised USD 2.5 million in funding round, aimed at boosting embedded lending for Insonesian SMEs.
funding, investment, banking, embedded lending, lending
Binance has finalised its acquisition of Indonesian crypto trading company Tokocrypt, for which they have been a major shareholder from the very beginning.
acquisition, funding, cryptocurrency, digital assets, cryptocurrency exchange