Bank Mandiri launches fintech-focused Mandiri Capital Indonesia

Bank Mandiri Capital Indonesia VC fintech

Bank Mandiri, Indonesia’s largest lender by assets, has launched a new venture capital (VC) arm named PT Mandiri Capital Indonesia (MCI) at the Mandiri Investment Forum (MIF) 2016. Bank Mandiri’s initiatives are in accordance to capturing the growing potential and opportunities in the startup segment in Indonesia. The Director of Finance and Strategy at Bank Mandiri, Kartika Wirjoatmodjo explained that […]

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OJK Indonesia Fintech Plans

In terms of 2016, we hope to see growing confidence in the fintech scene in Asia and more uptake of innovation and technological changes in financial services. We expect incumbent financial institutions to start reaching out to fintech startups and offer a win-win partnership to benefit the community. Just over a week ago, the Financial Services Authority (OJK) in Indonesia […]

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Panel: Fintech Changing Financial Services in Asia

fta jakarta financial services

This article is part of a series of questions and answers discussed by our panelists during the Fintech Asia Forum in Jakarta on 10 November. As the media partner of Fintech Asia Forum Jakarta, we have been privileged to hear the different opinions of our panelists and understanding the leading fintech trends in Asia. This has provided us with a […]

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‘What is Fintech’ Series: Remittance

Remittance refers to the transfer of money by a foreign worker/expatriate to an individual in his/her country of origin. Those living in developed markets and those less familiar with remittance may have the false impression that this service acts as a supplementary tool for foreign workers to transfer funds back home. In fact, this is how their families feed themselves, […]

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Panel: Leading Fintech Trends in Asia

This article is part of a series of questions and answers discussed by our panelists during the Fintech Asia Forum in Jakarta on 10 November. As the media partner of Fintech Asia Forum Jakarta, we have been privileged to hear the different opinions of our panelists and understanding the leading fintech trends in Asia. This has provided us with a […]

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Fintech Asia Forum Jakarta

By Michelle Chin 12 November 2015 After two successful Fintech Asia Forum events in Seoul and Singapore, Marvelstone headed to Southeast Asia’s most populous country, the Big Durian – Jakarta, Indonesia. The third Fintech Asia Forum in the series saw a lively panel discussion between experienced industry players on the topic ‘Fintech Developments in Developed vs Emerging Countries in Asia’.   […]

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Indonesia Fintech Ecosystem

By Michelle Chin   Indonesia is Southeast Asia’s most populous country which boasts high mobile and Internet penetration, social media adoption, literacy rates and middle-class growth. The economic and social situation in Indonesia presents a wealth of opportunities for fintech startups to flourish, and although many are unable to see it yet, Indonesian fintech startups have been garnering attention from […]

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