Fintech

Successful licensees will be announced in June this year and are expected to commence business by mid-2021.

The Monetary Authority of is expected to announce the results by mid-2020.

Asia’s richest man Mukesh Ambani now wants to make others rich.

In 2019, many mobile wallet and e-commerce players rolled out PayLater services on their platforms, a trend that’s likely to continue this year.

The move is in line with the firm’s commitment to promoting financial inclusion globally, says Ant Financial.

Razer Fintech wants to build the world’s first global youth bank.

Grab will have a 60 percent stake in the consortium entity while Singtel will hold 40 percent. 

2019 has been a year to remember for Indonesia’s tech community.