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

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Having been blamed for the closure of once-beloved high-street stores and castigated for its questionable. fallen by 8.3 percent over the past two years. The consumer price index, which includes.

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Photo via Tech in Asia Indonesia’s answer to Uber, Go-Jek, has bought three fintech startups as it attempts to establish itself as a major digital payments player. The company has acquired offline Kartuku, a payments processing outfit; Midtrans, an online payments gateway; and Mapan, a lending network for amounts that are undisclosed.

Ride-hailing start-up Go-Jek has acquired three financial technology (fintech) start-ups as it looks to dominate Indonesia’s digital payments space. Go-Jek said Friday it had bought offline payments service Kartuku, payment gateway Midtrans and saving and lending firm Mapan for undisclosed amounts.

The three fintechs that GO-JEK acquired are Kartuku, offline payment service company; Midtrans, online payment gateway company; and Mapan, a goods sharing network.

EU urged to look into cartel claim on trackers SHOCKING amount UK pays into EU budget REVEALED The UK is a net contributor. his campaign for the leadership of the Conservative Party with a claim he is the only candidate with a track record in.RBI constitutes panel to suggest ways to deepen housing finance securitisation market Republicans push to expand solar power in NC A War Over Solar Power Is Raging Within the GOP. It donated $25,000 to the Republican Victory Fund in 2012, according to Arizona campaign filings. Four of Arizona’s five state utilities commissioners are former members of the American Legislative Exchange Council, or ALEC, which has staunchly opposed renewable energy mandates and incentives.Mumbai: The Reserve Bank of India (RBI) on Wednesday constituted a committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The mortgage securitisation market in India is primarily dominated by direct assignments among a limited set of market participants on account of various structural factors impacting both the demand and the supply side, as well as certain prudential, legal, tax and accounting issues.

Go-Jek – cheap and ubiquitous online-to-offline commerce It should be mentioned that WeChat, Alipay, and Go-Jek are not just super platforms, but are super apps as well. They provide a mobile-first (sometimes mobile-only) experience where their entire suite of offerings live within one app on your phone.

Photo credit: Go-Jek. Ride-hailing service Go-Jek, Indonesia’s first billion-dollar tech startup, has agreed to acquire three local fintech firms as it seeks to expand its grip on the digital.

Posted on Jun 30, 2016. Wednesday June 29, marks the golden anniversary of the first credit card in Britain. Yoyo Wallet CEO Alain Falys, whose company helps retailers integrate their EPOS systems to create fast and secure mobile payments, says that 50 years after this payment revolution, we’re now on the brink of another.

Speculation over the RBA launching QE continues to grow, even before it’s actually cut rates It reveals how the incomes of older people in Britain has been savaged over. rates paid on their nest eggs, such as a bank or building society savings accounts, have been decimated. The Bank’s.APRA ‘game-changer’ to boost prices APRA ‘game-changer’ to boost prices: apra’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney.I want to build a home in Thailand’ Due to the legal restrictions mentioned above, most foreigners choose to simply buy a condominium or apartment in Thailand. However, a foreigner can only purchase a condominium in his/her own name, as long as at least 51% of the building is owned by Thai people.

Credit cards fall behind in Asia’s race to go cashless. Consumers flock to low-cost local mobile apps to meet their payment needs

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