Indonesia’s state-owned lender BNI to set up a US$50M VC arm, to invest in LinkAja

BNI is yet to decide whether to acquire an existing VC firm or set up a new fund...


WeChat Pay and Alipay to enter Indonesia via BNI

BNI will be the go-to bank for the two mobile payment apps’ bank...


Captain’s Log, August 8: Alibaba launches joint venture with Marriott to target affluent Chinese consumers

Also, aCommerce eyes US$30 million Series B, a Singaporean pet supplies platform...


Indonesian state-owned bank BRI to acquire a venture capital firm, gets US$37M ready

BRI targets the acquisition process to be finalised by this year Indonesian...


Indonesian banking giants to integrate their cashless payment services

The movement is part of the country’s National Payment Gateway programme...