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

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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.

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Indonesian car share app Go-Jek purchased three three fintech startups last week for an undisclosed amount, according to reports. These startups are all focused in the digital payments space: offline payments processor kartuku, online payments gateway Midtrans, and lending network Mapan.

In fintech race, Go-Jek app extends consumer credit to offline stores Go-Pay, the digital payment arm of Indonesian ride-hailer Go-Jek, will extend a mobile credit service to brick-and-mortar stores starting next month, laying the foundation for a broader financial business targeting its millions of users.

Some anticipate that super apps Grab and Go-Jek will. subsidy rat race likely lies in the proliferation of e-money. AD. Remove this ad space by subscribing. Support independent journalism. Both.

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Go-Jek takes big step into mobile payments with fintech acquisitions. Go-Jek wants to give consumers the ability to use its mobile app to pay for good and services both online and at physical retail stores. To do this, the company purchased three firms already operating in the payments space. Kartuku is an offline payments processing company in.

Indonesian ride-hailing app Go-Jek buys three fintech startups.. The firm has acquired offline payments processing outfit kartuku, online payments gateway Midtrans, and lending network Mapan.

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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 payments market. The deals involve Kartuku, a leading offline payments processing company in Indonesia; Midtrans, said to be the nation’s top online payment gateway; and Mapan, a community.