NewsIndonesia’s Kredivo raises USD 90 million in Series C roundThe company plans to take its business and services to nearby Southeast Asian countries. 2 mins read
OVO will raise funding in 2020, and it will focus on expanding into lending, online investing, and digital insurance services. Q&AOvo CEO Jason Thompson talks company strategy, investments, and rumors7 mins read
One97 posted a loss of USD 552.1 million for FY19, up 165.5% from USD 207.9 million reported in FY 2018. NewsIndian payments company Paytm seeks license for a small finance bank3 mins read
About 79% of transactions in Vietnam are still cash-based. NewsVietnam tightens control over e-wallet usage1 min read
TWID claims, reward points worth over USD 2 billion go unused by users in India. NewsOla Money partners with Indian payment firm Twid to ease redeeming reward points2 mins read
The firm is not alone in seeking opportunities in the country’s fast-growing mobile internet sector. NewsChina’s Shunwei hunts Chinese unicorns’ counterparts in India | WISE New Economy Conference 20193 mins read
Half of the aided users are under 40 years old. NewsAnt Financial’s Xiang Hu Bao gains 100 million users, supporting about 12,000 patients2 mins read
While Indonesian fintech is close to experiencing an inflection point, Convergence Ventures still sees plenty of opportunities in this sector. Q&AStaying focused on Indonesian investments: Convergence Ventures Q&A (Part 2)3 mins read
GoPay is the most widely used digital wallet platform, but OVO has the highest public awareness, according to the 2019 Indonesian FIntech Report by Daily Social. NewsMobile wallets and digital investments are Indonesia’s most popular fintech products in 20193 mins read
FeaturesMore than a hardware play: Robot Era’s founder sets the record straight on the company’s true ambitions
NewsDeals in brief: Augmentus raises Series A+ funding, Coda to acquire Recharge, Origgin Capital debuts second fund, and more