All News and Announcements
Krom Bank Accelerates Financial Inclusion in Indonesia With AWS Cloud
Through the use of AWS cloud services, Krom Bank aims to reach these populations by offering secure and user-friendly digital banking services that empower individuals with better financial management tools.
Indonesia's OJK Boosts Financial Inclusion in Rural Areas
The Inclusive Financial Ecosystem program has been implemented in 44 rural areas by involving the Regional Financial Access Acceleration Team (TPAKD) and financial service institutions.
Indonesia: BNI Awarded for Driving Financial Inclusion Among People With Disabilities
The award, which was given by the Financial Services Authority, recognizes BNI's initiatives to help micro, small, and medium enterprises (MSMEs) owned by people with disabilities through financing.
Lexasure Partners With AgriON to Offer Mobile Insurance to Farmers in Indonesia
Under the strategic partnership, Lexasure’s digital insurance offering for farmers, Flourish, will be integrated with the AgriON app, providing easy access to purchase and manage agricultural insurance to provide farmers with greater resiliency against adverse events.
Indonesian Financial Services Authority Enacts Consumer and Public Protection Regulation in the Financial Services Sector
The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.
Digitalization Key to Helping Micro-Retailers Grow Share of Indonesia's $80 Billion FMCG Market
IFC invested $5 million in equity to finance AwanTunai with the goal to bolster growth opportunities for micro-retailers -- many of them women – who are part of an industry made up of some 30,000 wholesalers and three million merchants.
Combating High Fintech Costs for Better Financial Inclusion
A breakthrough in risk management is needed through adequate information support by the Financial Services Authority.
Hong Kong Fintech Unicorn WeLab Raises $240M to Buy Indonesian Bank
With this move, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
Logiq’s New App Supports Financial Inclusion in Indonesia
The app will provide access to the company’s e-Wallet, local food delivery, and other mobile ecommerce solutions, as well as its recently announced mobile fintech platform for microlending, driver’s license testing payments, and mental health consultations.