Tabita Diela
3 minute read
JAKARTA, July 6 (Reuters) - Indonesia s Bank Jago (ARTO.JK) aims to crunch transaction data supplied by local technology giants to create customer profiles and market financial products, as the digital lender targets profitability this year, its chief executive told Reuters.
Ride hailing and payments company Gojek, which owns a 22% stake in the bank via its fintech arm Gopay, is in the process of merging with e-commerce company Tokopedia to form GoTo in Indonesia s biggest ever deal. read more
Bank Jago, which also counts Singapore s GIC as an investor, is negotiating so that clients can open and manage bank accounts from Gojek s app this quarter, and later loan applications, chief executive Kharim Indra Gupta Siregar said in an interview.