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In fintech race, Go-Jek app extends consumer credit to offline stores

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Go-Jek Acquires Three Local Fintech Companies by ardi wirdana december 15, 2017 0 312 popular ride-hailing service Go-Jek has agreed to acquire three local financial technology companies to strengthen its grip on the digital-payment market.

In fintech race, Go-Jek app extends consumer credit to offline stores Indonesian’s insurance firms look to go digital to tap into millennial market Vietnam’s transport ministry wants to treat ride-hailing firms like taxis until law enacted

"Our goal [is] how we can help different offline businesses — farmer. according to data from iPrice and App Annie. Tanuwijaya says Tokopedia’s biggest challenge is not to become too comfortable.

One of those products is Ant Credit Pay, a consumer loan service that assesses creditworthiness. “The game brought online users enjoyment, and bought crowds to our offline stores, which can be.

Ebix has acquired 80% stake in the company, thus valuing Itzcash at $150 million. ItzCash, which was founded in 2006, had so far raised about $51 million from Matrix Partners, Intel Capital and.

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In fintech race, Go-Jek app extends consumer credit to offline stores In fintech race, Go-Jek app extends consumer credit to offline stores Indonesian’s insurance firms look to go digital to tap into millennial market vietnam’ s transport ministry wants to treat ride-hailing firms like taxis until law enacted

PayJoy’s technology acts as an added incentive for users to repay their loans. This, in turn, encourages lenders to extend financing to unbanked users with no credit history or other collateral.

Go-Jek, Indonesia’s answer to Uber, has acquired three fintech startups as it bids to establish itself as a major digital payments player. The firm has acquired offline payments processing outfit.

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If they have an example of a fintech mobile app in the portfolio it’ll be an easy task for them to develop a set of key features of your brilliant fintech app. data encryption and protection play a huge part in fintech apps and mobile app banking.

Google’s new voice recognition app, which works entirely offline, is now available. so they don’t exceed their credit. Consumers are tethered to their smartphones, and their affinity for.

While technology has played a major role in driving the startup’s growth, Varun attributes a large part of it to Goomo’s omni-channel structure, which facilitates consumer and corporate travel.