Indonesia’s Go-Jek to partner with peer-to-peer lending firms

Wednesday, September 5, 2018

Indonesian ride-hailing and online payment company Go-Jek said on Tuesday it will partner with three peer-to-peer (P2P) lending firms as the startup looks to expand its financial technology services in Southeast Asia’s biggest economy.

Go-Jek, whose backers include Alphabet Inc’s Google and China’s Tencent Holdings, has grown rapidly since launching eight years ago in Indonesia, a country with a population of more than 250 million people.

Photo courtesy of Ava Systems.

Source: Reuters (link opens in a new window)

digital payments, fintech