Fintech

The company was founded by six former employees from Alibaba and its affiliate Ant Financial.

This is the second batch of companies to be approved this year.

The startup is on its way to hit profitability, CEO says.

Ovo’s e-wallet is integrated into several platforms, including ride-hailing firm Grab and e-commerce marketplace Tokopedia.

A week of keynotes, panel discussions, workshops, competitions—and an “Innovation Lab Crawl”.

It will compete with two major payment companies Alipay and WeChat Pay.

Start by saving just two dollars. Founder Nghiem Xuan Huy wants to transform how the country’s millennials manage their money.

The platform’s shares have dived more than 80% in two years.