Search Results for "bank indonesia"
Indonesia’s DOKU Acquires senangPay in US$7.5 Million Deal
DOKU, an Indonesian electronic payment solutions provider, announced that it has acquired Malaysian online payment gateway senangPay for US$7.5 million by raising the funds needed from Apis Growth Fund II. The acquisition of senangPay marks the beginning of DOKU’s expansion
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BigPay Rolls Out Cash Pickup Services in Indonesia and the Philippines
BigPay, a Capital A venture company, announced the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. The Cash Pickup feature is available to all BigPay users in Malaysia
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Razer Fintech Acquires Indonesian Digital Payments Firm E2Pay
Razer Fintech, the financial technology arm of Razer, announced the acquisition of PT E2Pay Global Utama (E2Pay), an Indonesian B2B2C digital payment facilitators and e-money player. Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial
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Bank Negara Malaysia Announces Much Anticipated Digital Banking Licenses
After a month of delay, Bank Negara Malaysia (BNM) finally announced the list of successful applicants. The framework which was first issued on 30th December 2020, was hotly contested and attracted 29 parties to bid for the licenses. The central
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Micro-Investment App Raiz Partners Now Available to Non-Maybank Users
Raiz Malaysia, a joint venture company between Raiz Invest Australia and Permodalan Nasional Berhad (PNB), enables its customers to link their bank cards via the micro-investment app through its partnership with Visa. Following its launch in July 2020, Raiz was
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Singaporean Neobank IN Financial Technology Acquires MyCash
Singaporean neobank IN Financial Technology (INFT) has fully acquired MyCash Money, a money transfer company focused on migrant workers, for an undisclosed sum. INFT is an end-to-end, employer to employee fintech platform that empowers micro and small businesses in Asia
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Malaysia and Indonesia Pilots Phase 1 of Cross-Border QR Payment Linkage
Bank Negara Malaysia (BNM) and Bank Indonesia (BI) has launched a cross-border QR payment linkage to enable instant, secure, and efficient cross-border payments between the two countries. Through this linkage, consumers in both countries will be able to make retail
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Why Malaysia’s New Digital Banking License Matters
As Malaysia prepares to hand out its first digital banking licenses, fintech innovators, incumbent banks and tech providers are sharing their views and predictions on what the industry will look like following this major liberalization push. Speaking with Fintech News
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Pertama Digital’s Bizarre Choice for a Digital Banking Consortium
Last week, Bursa-listed Pertama Digital announced alternative financing operator Crowdo as its first consortium partner for its digital banking bid. Pertama Digital, through its subsidiary Dapat Vista, is primarily a digital payment platform focused on consumer-to-government payments with solutions like
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Malaysia’s Incumbent Banks Gears up for the Entry of New Digital Banks
In Malaysia, incumbents are gearing up for the entrance of the country’s first digital banks, accelerating digital transformation, planning standalone ventures, and partnering up with fintechs, top executives from CIMB Group, Bank Islam, RHB Banking Group, and Backbase said during
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