The Jakarta Post
GoPay acknowledged for advancing financial inclusion in Indonesia
Jakarta, 21 August 2019: Gojek, Southeast Asia’s leading on-demand technology platform, once again made it onto the annual Fortune “Change the World” list. The recognition is given to companies that have a positive and wide socioeconomic impact.
This year, Gojek ranked 11th among the 52 international organizations assessed, marking a leap from position 17 it held in 2017. This makes Gojek the only Southeast Asian company to make it onto this year’s Fortune “Change the World” list. Gojek was recognized in particular for GoPay’s innovation in accelerating financial inclusion in Indonesia. Gojek is also the only Southeast Asian company to have received this internationally recognized accolade twice.
Global CEO and founder of Gojek Nadiem Makarim said, “We are humbled to be recognized by Fortune once again for accomplishing what we have set out to achieve from day one – empowering lives and solving problems through technology. We are so thankful to all of our driver partners, merchants, customers, business partners, governments and investors for their continuous support. Our stakeholder support is the key to Gojek’s success in evolving into an integrated ecosystem with three Super Apps that move people, things, and money.”
The prominent global listing highlights how GoPay, Gojek’s digital payments platform, helps drive Indonesia’s digital economy by expanding financial access for millions in Indonesia, where 64 percent of the population is ‘unbanked’. As highlighted by Fortune, “In 2018, users purchased over US$6 billion in goods and services through GoPay, which also offers back-end support and loans to some 130,000 smaller businesses.”
Nadiem added, “At Gojek, it’s always about tackling challenges and enabling a better life for everyone in our ecosystem. From enabling cashless transactions for consumers to ease of payments and business growth for merchants, GoPay has proven that #ThereIsAlwaysAWay to change the world for the better.”
GoPay CEO Aldi Haryopratomo also expressed his gratitude for the trust placed in GoPay: “We have always focused on the grassroots. Since 2016, GoPay has quickly transformed from a simple way for users to pay for Gojek services to driver partners now being able to use our platform to access mortgages, loans for education, health insurance and even to save for the umrah. Today, GoPay is the largest consumer digital payments platform in Indonesia, and more than 90 percent of our GoPay merchants are micro, small and medium enterprises (MSMEs). However, we do not just measure success in terms of current transaction volume, but rather by how we can make a grassroots impact at a global scale."
Merchants use GoPay to develop their businesses. As the biggest digital payment platform in Indonesia, GoPay not only eases payments but also connects driver partners and merchants with various financial services, such as subsidized mortgages, education saving schemes, health insurance and umrah savings. (./.)
In its fifth year running, Fortune’s “Change the World” list is intended to showcase the synergy between business strategy and the creation of positive social impact.
The nominees are assessed in partnership with the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges, and FSG, a non-profit social-impact consulting firm. Fortune’s assessment for this award is based on four criteria: measurable social impact, business results, degree of innovation, and corporate integration.
“GoPay’s strategy is to build an ecosystem with our partners. We believe that by including more people in the formal financial system, we can grow together with our partners, which include banks, restaurants, retailers and many more.
Much like a coral reef, where more fish mean more corals and a more vibrant ecosystem, the more partners we have, the more families we can help,” Aldi concluded.
ABOUT GOJEK GROUP
Gojek Group is Southeast Asia’s leading on-demand multi-service platform technology group, founded on the principle of using technology to improve the lives of users within its ecosystem.
The Gojek app was launched for consumers in Indonesia in January 2015 and has since
evolved into the largest on-demand multi-service platform in Southeast Asia, providing access to a wide range of services from transportation and payments to food delivery, logistics and many other on-demand services. Gojek Group now operates in 207 cities in five Southeast Asian countries.
As of first semester of 2019, the Gojek application and apps in its ecosystem have been downloaded by more than 155 million users across the region, with more than 2 million driver partners registered, up to 400,000 merchant partners and over 60,000 service providers.
As Gojek continues on its mission to create and scale up positive socioeconomy impacts for its ecosystem of users, driver partners, business partners and MSME partners, as well as service providers, Gojek’s founder & CEO, Nadiem Makarim, was recently included in the Year 2018 Bloomberg 50 list of icons and innovators who have changed the global business landscape with such impacts. Besides, in June 2019, Nadiem received the 24th Nikkei Asia Prize for Economic and Business Innovation in Tokyo, Japan. Nadiem is the youngest technology figure in Asia to receive the award in the history of Nikkei Asia Prizes, first held 23 years ago; and is the first Indonesian who won the prestigious award in this category.
The Gojek app is available for iOS and Android.
VP Corporate Communications Gojek