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Veteran Banker Drops Off From The Ranks Of Indonesia's Richest As Digital Banks Lose Their Sheen

Flight from fintech causes Jerry Ng’s net worth to plummet. ....

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Why Does Indonesia's Bank Jago Have Such a High Valuation? – The Diplomat

The strong track record of the bank’s leadership, and the broader optimism about the future of digital banking in Indonesia, have combined to raise investors’ expectations. ....

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Jejak Identik ARTO dan BBSI, Berlatar Belakang 'Teksil' Menuju Bank Digital

Apabila PT Bank Bisnis Internasional Tbk.(BBSI) resmi masuk ke bisnis bank digital nantinya, maka proses itu akan mirip dengan yang dialami oleh Bank Artos yang kini menjadi PT Bank Jago Tbk (ARTO). ....

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Gojek-backed Bank Jago aims to leverage tech giant's data

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. ....

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Line enters Indonesian digital banking game with Hana Bank partnership

The Japan-headquartered firm has also introduced similar services in Thailand and Taiwan. ....

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