All News and Announcements

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News

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.

News

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. 

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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.

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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.

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Combating High Fintech Costs for Better Financial Inclusion

A breakthrough in risk management is needed through adequate information support by the Financial Services Authority.

News

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.

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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.

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Fintech Lender Amartha Bags $28M From Women's World Banking to Fund Indonesia's Microentrepreneurs

WWB Capital Partners II is the second gender-lens investment fund established by Women’s World Banking aiming to close the gender gap by investing in high-performing financial service providers that serve low-income women.

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Grassroot Strategy to Realize Financial Inclusion in Indonesia

Indonesian technology company Grab, one of the biggest names looking to make a mark in the segment, is engaged in expanding financial inclusion by adopting a grassroots strategy.

News

Indonesia: Logiq Partners With Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users

Logiq also recently partnered with Yabx, a fintech venture of Comviva to offer credit-based financial services such as cash advance for merchants and "buy now, pay later" options for consumers.