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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
Indonesia-based financial API platform Ayoconnect has raised USD 15 million in a series B funding round led by Tiger Global, according to Tech in Asia.
investment, Open Banking, API, data sharing, financial data
Indonesia-based ecommerce firm Bukalapak and conglomerate Salim Group have announced subscribing to a planned USD 335.55 million rights issue by digital lender Allo Bank.
banks, ecommerce, investment, digital banking, online banking
Indonesia-based Open Finance API platform Ayoconnect has partnered with Bank Rakyat Indonesia (BRI), according to the official press release.
partnership, Open Finance, API, online banking
partnership, Open Finance, Open Banking
Indonesian state-owned companies have decided to merge their mobile payment services to challenge dominant players in the country’s growing digital payments market.
Indonesia, mobile payment, digital payments, LinkAja, Telekomunikasi Indonesia, Bank Mandiri, Bank Rakyat Indonesia, Bank Negara Indonesia, Bank Tabungan Negara, Go-Jek, Ovo, QR codes
Technology services provider Wirecard, with its Indonesian subsidiary PT Prima Vista Solusi, supports TransJakarta Busway with electronic ticketing system using point-of-sale (POS) terminal solutions.
Wirecard, TransJakarta, Busway, electronic, ticket, payment, system, POS, point-of-sale, NFC, mobile, phone, contactless, cards