NewsAnt Financial’s Xiang Hu Bao gains 100 million users, supporting about 12,000 patientsHalf of the aided users are under 40 years old. 2 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
Indonesia will make up close to half of Southeast Asia’s USD 300 billion internet market, so there’s plenty of room for growth. Q&AStaying focused on Indonesian investments: Convergence Ventures Q&A (Part 1)6 mins read
Ola Money offers services such as credits, short-term loans, and insurances. NewsOla to let its financial service branch Ola Money to fly solo2 mins read
The sharia-compliant peer-to-peer (P2P) platform seeks to propel Islamic finance sector in Indonesia. InsightsAlami wants to show that Islamic finance can be profitable and socially responsible: Startup Stories4 mins read
Beijing is moving more and more of its governmental services online. NewsChinese government digitizes national healthcare system with Alibaba and Tencent2 mins read
The latest round brings the firm’s total funding to USD 70 million. NewsPayments firm 2C2P banks USD 52 million to expand beyond Southeast Asia2 mins read
Paytm is now valued at USD 16 billion, making it one of the most valued Asian startups. NewsSoftBank participates in USD 1 billion round in Indian fintech decacorn Paytm2 mins read