Indonesia launches probe against alleged Google app payments misconduct
Indonesia's anti-trust agency, Indonesia Competition Commission (ICC/KPPU), has opened an inquiry into an allegation that blames Google of using unfair…
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Fazz garners $100m in Series C to accelerate growth
Financial services firm Fazz has raised $100m in its Series C funding round to drive growth and support business finance in Southeast…
Indonesia, Singapore set to launch cross-border QR payments
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have launched the process of QR code payment linkage between…
E-wallet provider Dana raises $250m to fuel growth
Indonesia-based e-wallet platform Dana has obtained $250m from local investors Sinar Mas and Lazada Group, which is part of Alibaba.…
Indonesia enables temporary access to PayPal following backlash on ban
Indonesia has allowed users to temporarily access their PayPal accounts after a government ban on the payment giant prompted an…
Bank Indonesia plans to launch digital currency
Bank Indonesia, the central bank of the country, is planning to introduce its own digital currency for wholesale use with…
Akulaku adds new features to BNPL offering in Indonesia
Indonesia-based digital banking and finance platform Akulaku has introduced new features on its buy now pay later (BNPL) platform called…
Indonesia’s Flip closes $55m Series B extension round
Indonesian fintech firm Flip has closed a $55m Series B extension round led by Chinese multinational technology and entertainment conglomerate…