NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

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.