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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.

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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.

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Indonesia Startup Bags $50M for Lending to Rural Women

Amartha will use the funds from US-based Lendable to encourage women micro entrepreneurs.

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IFC and PasarPolis Partner Amid Pandemic to Boost Microinsurance Safety Nets for Indonesia’s Most Vulnerable

Under an agreement, IFC will provide PasarPolis with $5 million in equity finance to develop infrastructure to connect insurers, digital platforms and customers unserved by the traditional insurance sector.

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BRIBrain Uses AI to Speed Up Loan Approvals, Helps More MSMEs Survive Pandemic

Indonesia's BRI Group has reduced the loan approval process for MSMEs in Southeast Asia from two weeks down to two minutes. The move comes at a critical moment when millions of businesses in the region are struggling to survive amidst the pandemic-driven economic recession.

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$500 Million ADB Loan to Expand Financial Inclusion in Indonesia

Financial inclusion will play an important role in Indonesia’s recovery from the coronavirus disease (COVID-19) pandemic.

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Fintech Firms Offer To Help Disburse Government COVID-19 Funds

The Indonesian Fintech Lenders Association has offered to help accelerate the disbursement of national economic recovery program funds as the government struggles to amass the data needed to deliver the money to the right places. 

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JULO Support for Customers During COVID-19 Pandemic

PT JULO Teknologi Finansial (JULO), an Indonesian based Fintech P2P Lending, initiated several programs to help individuals affected by the pandemic.