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SaaS Cloud Platform Mambu Introduces All-Digital Solution for SME Lenders, Will Lower Costs, Speed up Time to Market
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Euronet Worldwide, inc (EEFT) Q2 2021 Earnings Call Transcript
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Gojek integrates digital bank Jago as in-app cashless payment method
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Data Vantage: Voyager, YouTrip level up as digital banking race rages on
July 6, 2021
As pure-play digital banking emerges as the next frontier in the development of fintech in Southeast Asia, investors are piling more capital into promising companies.
VANTAGE identified three companies within the digital banking landscape that raised fresh capital.
Voyager Innovations, which operates popular Philippine payment app PayMaya, received $120.8 million from existing backers such as telco firm
PLDT, private equity major
International Finance Corporation.
The capital came on top of the $116.5 million that the company had secured earlier this year, our data shows. With $561 million in paid-up capital to date, the latest investment round puts Voyager’s valuation at $747.3 million.
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.