One shining Southeast Asian example is motorbike delivery and ride-hailing app and company Go-Jek, now a “unicorn” — a tech start-up valued at more than US$1 billion.
rom blockchain to cryptocurrencies such as bitcoin and ethereum, as well as Initial Coin Offerings that allocate “tokens” as a new means of crowdfunding capital, the language and disruptions buffeting the mainstream banking and financial services industry can seem overwhelming.
But broadly defined, “fintech” — shorthand for the technologies delivering innovations as well as new challenges and opportunities to the once-staid banking and finance sectors — is also enabling the rise of new companies and transformative businesses.
One shining Southeast Asian example is motorbike delivery and ride-hailing app and company Go-Jek, now a “unicorn” — a tech start-up valued at more than US$1 billion.
With Go-Jek’s acquisition of payment portals Kartuku and Midtrans, and savings and lending network Mapan, the company is poised not only to be a digital payments leader, but also is in a position to influence the shape and scope of the fintech landscape in Indonesia.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.