Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Indonesia
Instarem aims at Japan and Indonesia with $41m funding
This latest round takes InstaReM’s total funds secured to $59.5 million, with an expected IPO in 2021.
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
Indonesia’s KinerjaPay collects $200m funding
Paytech gets backing from Wahana Group.
Mayapada Group taps Pohon Dana for lending in Indonesia
Conglomerate pushes into fintech via investment.
Southeast Asian consumer finance firm Akulaku gets $70m funding
Round includes support from Sequoia India and BlueSky Venture Capital.
IFC and Ant Financial launch programme for talent development
Starting in Indonesia, the programme will target APAC countries.
Bank Central Asia upgrades to digital payments with Intellect
Claims to be the first digital transaction banking solution implemented in Indonesia.
Visionet and SmartPesa unleash Mobey payment service in Indonesia
Solution is designed for financial institutions and merchants.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
BTPN completes front office revamp with Diasoft’s Flextera
Retail bank in transformation throughout Indonesia.
