Akulaku Finance has secured a US$27.5 million funding facility from Danamon to boost its financing capacity and support…

Indonesian digital asset platform FLOQ has raised US$11.3 million in its first external funding round, as reported by…

Grab-backed GXS Bank has bought 2.44 billion shares in Indonesia’s Superbank, giving it a 7.22% stake in the…

Igloo has announced a strategic partnership with Chubb Life  to distribute insurance products in Indonesia and Vietnam via…

Recent talks around the block have made it clear that banks do want AI, but the latest news…

Mayapada Group fintech company adopts Oradian’s digital-native core banking and loan management system to support expansion, faster product…

OCBC outbid competitors by more than US$100 million to secure the retail and wealth assets of HSBC in…

Grab has announced plans to consolidate the finances of digital lender Superbank. The consolidation involves transferring shares held…

Multikripto Exchange Indonesia, operating as OSL Indonesia, has completed its transition to the ICEX Group ecosystem. The move…

Investment platform Pluang has secured approximately US$10 million in new capital. The Series C round was led by…

Indonesian prosecutors have requested an 18-year prison sentence for Gojek co-founder and former education minister Nadiem Makarim, as…

The payments market in Indonesia has always carried a different kind of scale, but not because of the…

Indonesia’s Financial Services Authority (OJK) is accelerating cross-border cooperation to combat financial fraud, noting that reports of scams…

Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a MoU to deepen their bilateral relationship, with…

The Jakarta High Prosecutor’s Office has detained three KoinWorks executives over suspected corruption involving Rp600 billion in credit…

Maybank Indonesia and Islamic lifestyle application Muslim Pro have launched Amanah Pro. The Islamic Banking-as-a-Service (iBaaS) platform helps…

CIMB Niaga is set to spin off its Islamic banking unit into a standalone lender in Indonesia in…

Indonesia’s sovereign wealth fund Danantara has confirmed it is acquiring shares in GoTo, the parent company of Gojek…

OCBC’s Indonesian unit is acquiring the wealth and premier banking portfolio of HSBC in Indonesia, confirming earlier speculation…

Bank Indonesia has launched the Indonesia China QRIS cross-border payment link, enabling users from both nations to make…