Home Tags Indonesia
Indonesia’s Financial Services Authority (OJK) has introduced a regulatory framework for digital banks in its updated commercial banking regulations.
A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.
Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.
Indonesia-based BukuKas has reportedly netted $50m Series B funding, which comes hot off the heels of the company’s former round.
Indonesia-based Cermati.com, which claims to make financial information more available, has reportedly closed its Series C.
Indonesian InsurTech Qoala has reportedly acquired digital insurance broker FairDee to help it move into Thailand.
Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.
ErudiFi, which is helping improve access to educational loans to students in Southeast Asia, has reportedly raised $5m in its Series A.
Indonesian InsurTech startup PasarPolis has reportedly raised $5m in funding from the International Finance Corporation (IFC).