A growing presence of digital banks in Indonesia will encourage innovation and digitalization of financial services, expert say.

“Have you ever seen a hacking group that sells t-shirts,” asks the cybersecurity expert.

“We need to show to the world that we can manage and take care of our territories” says Paul Sein Twa.

In Vietnam, use of cashless payments surged more than 500% in the first six months of 2020, compared to the same period in 2019.

Aside from its car-sharing business, Tribecar also provides fleet management software services to other companies.

Grab Financial increased its revenues by over 40% in 2020.

Nang Ei Ei Mon is the CEO and Founder of How She Did It, a female talent platform to help women upskill.

The investment comes shortly after the Ant Group-backed firm saw a 254% year-on-year growth in transactions in 2020.