Indonesia
Indonesia fintech news: e-wallets, QRIS payments, digital banks, OJK regulation, lending and funding in Southeast Asia’s largest economy.
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GoTo fintech earnings pass on-demand unit as group posts third straight quarterly profit
GoTo’s financial technology arm earned more than its ride-hailing and delivery business in the third quarter, as the Indonesian group reported a Rp441 billion net profit and raised its full-year…
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Bank Indonesia plans to use QRIS data for small-business credit scoring
Bank Indonesia wants financial firms to use QRIS transaction records to assess the creditworthiness of small merchants, as the national QR payment standard reached 71 million users.
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Jakarta court overturns KPPU ruling against 97 P2P lenders over interest caps
A Central Jakarta commercial court has overturned the KPPU ruling that 97 peer-to-peer lenders ran an interest-rate cartel, finding that the caps followed OJK direction.
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