OJK

Indonesia Buy Now Pay Later Business Report 2024: BNPL Firms are Projected to Raise Funding Rounds to Scale their Business and Drive Growth in 2024 - Forecasts to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 13, 2024

The booming e-commerce market and a large unbanked population are among the leading growth drivers for the BNPL market.

Key Points: 
  • The booming e-commerce market and a large unbanked population are among the leading growth drivers for the BNPL market.
  • In Southeast Asia, Indonesia is expected to lead the regional growth of the BNPL industry over the next two years.
  • Going forward, in 2024, the publisher expects more such BNPL providers to raise venture capital and private equity funding in Indonesia.
  • Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in Indonesia.

GIP ASEAN Chapter Launched in Jakarta

Retrieved on: 
Thursday, November 30, 2023

JAKARTA, Indonesia, Nov. 30, 2023 /PRNewswire/ -- The Green Investment Principles for the Belt and Road (GIP) expands its reach into Southeast Asia with a new Chapter launched.

Key Points: 
  • JAKARTA, Indonesia, Nov. 30, 2023 /PRNewswire/ -- The Green Investment Principles for the Belt and Road (GIP) expands its reach into Southeast Asia with a new Chapter launched.
  • The ASEAN Chapter is a key part of GIP's vision to form effective local networks to disseminate knowledge and best practices and to help create green investment opportunities in developing economies.
  • This Chapter will contribute to the growth of sustainable finance in ASEAN via knowledge sharing and capacity building," said Ma Jun, co-chair of the GIP Steering Committee and Chairman of China Green Finance Committee.
  • As next steps, the Chapter will create an advisory council, expand GIP membership and facilitate capacity building and green project matching.

World Cloud Show: Empowering Indonesia's Digital Transformation Journey

Retrieved on: 
Monday, October 23, 2023

Indonesia's digital transformation journey is gearing up to witness a new chapter as Trescon prepares to host the 22nd edition of the World Cloud Show in Jakarta.

Key Points: 
  • Indonesia's digital transformation journey is gearing up to witness a new chapter as Trescon prepares to host the 22nd edition of the World Cloud Show in Jakarta.
  • JAKARTA, Oct 23, 2023 - (ACN Newswire) - Indonesia, one of the rising economies in the Asia Pacific region, continues to attract global attention with its digital transformation journey.
  • Cloud computing and data center solutions are set to play a central role in Indonesia's digital transformation journey.
  • To know more about the World Cloud Show
    The 22nd edition of the World Cloud Show is supported by:
    - Official Cyber Security Partner: BeyondTrust

Survival of the fintech - WFIS to unveil Indonesia's market leaders

Retrieved on: 
Monday, October 23, 2023

JAKARTA, Oct 23, 2023 - (ACN Newswire) - While the stakes are soaring high, fintech companies in Indonesia are vying to get on top and dominate the FSI market.

Key Points: 
  • JAKARTA, Oct 23, 2023 - (ACN Newswire) - While the stakes are soaring high, fintech companies in Indonesia are vying to get on top and dominate the FSI market.
  • Jakarta's most iconic 5-star hotel, The Ritz-Carlton Jakarta, Pacific Place has been chosen as the venue for the 2-day event.
  • As a long-standing annual platform, WFIS over the years has emerged as the home turf for Indonesia's leading fintech companies to demonstrate their thought leadership and cutting-edge solutions.
  • The reputation for hosting the strongest buyers from the region is the primary reason that entices the fintech companies to participate at WFIS.

WFIS to facilitate Indonesia's most disruptive integration of Technology & FSI

Retrieved on: 
Wednesday, September 27, 2023

In the wake of the situation, the world's largest archipelago is propelling forward with its digital economy and has already produced multiple fintech unicorns.

Key Points: 
  • In the wake of the situation, the world's largest archipelago is propelling forward with its digital economy and has already produced multiple fintech unicorns.
  • The latter has even launched "Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025" to further favor the developments.
  • With all major financial institutions looking to upgrade their structure with added digital offerings, Indonesia has now become a utopia for technology vendors.
  • This is where WFIS comes across as the best fit for bridging the gap between financial institutions and technology organizations.

ACX's technology to power Indonesia Carbon Exchange

Retrieved on: 
Tuesday, September 26, 2023

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points: 
  • JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
  • Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
  • With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
  • "We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

ACX's technology to power Indonesia Carbon Exchange

Retrieved on: 
Tuesday, September 26, 2023

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points: 
  • JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
  • Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
  • With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
  • "We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

DANA and Ant Group Announce Local Women Entrepreneur Winners of the Inaugural SisBerdaya Program

Retrieved on: 
Monday, June 5, 2023

SisBerdaya, a local initiative by DANA and Ant Group dedicated to empowering Indonesian women entrepreneurs mainly from ultra-micro and micro businesses, announced six Grand Winners in Jakarta.

Key Points: 
  • SisBerdaya, a local initiative by DANA and Ant Group dedicated to empowering Indonesian women entrepreneurs mainly from ultra-micro and micro businesses, announced six Grand Winners in Jakarta.
  • The six Grand Winners stood out based on their business plans presented during the final pitching competition.
  • The SisBerdaya program has demonstrated that collaboration is one of the keys to achieving economic independence for Indonesian women."
  • “The successful completion of the inaugural SisBerdaya marks an exciting beginning for the winners and outstanding businesswomen from the program to pursue their dreams and inspirations.

KKR Leads Series C Round in Indonesian Digital Trust Provider Privy

Retrieved on: 
Thursday, November 24, 2022

Marshall Pribadi, CEO and Co-Founder of Privy, said, We are thrilled to welcome KKR as among our new investors.

Key Points: 
  • Marshall Pribadi, CEO and Co-Founder of Privy, said, We are thrilled to welcome KKR as among our new investors.
  • Mukul Chawla, Partner and Head of Growth Equity, Asia Pacific for KKR, said, Privy has established itself as a pioneer in Indonesias digital trust space with strong ambitions.
  • Founded in 2016, Privy is a leading digital trust platform in Indonesia that provides trusted digital identities and legally binding digital signatures.
  • Privy is also the first E-KYC provider officially registered at Indonesias Financial Service Authority (OJK) and the only digital trust provider which passed the regulatory sandbox of Indonesias Central Bank (BI).

WFIS Paces to Unveil Indonesia's Most Advanced FSI Show

Retrieved on: 
Monday, October 3, 2022

JAKARTA, INDONESIA, Oct 3, 2022 - (ACN Newswire) - With Indonesia darting to incorporate the latest technology innovations in FSI, the country's fintech is expected to generate $8.6 billion revenue by 2025.

Key Points: 
  • JAKARTA, INDONESIA, Oct 3, 2022 - (ACN Newswire) - With Indonesia darting to incorporate the latest technology innovations in FSI, the country's fintech is expected to generate $8.6 billion revenue by 2025.
  • They will also get a chance to take back the latest industry intel shared by the most inspirational thought leaders comprising the best minds from FSI.
  • We are excited to be a part of WFIS Indonesia and looking forward to engaging with the industry leaders over the two days."
  • As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.