OVO Claims It's Now Indonesia's Largest Fintech Ecosystem

... president director Karaniya Dharmasaputra. The Lippo-backed startup first joined the ... credits through Grab drivers, not bank transactions. These people did not ... have a bank account, but they are comfortable ...

Indonesian Consumers Prefer OVO: Study

... -wallet backed by Indonesian conglomerate Lippo Group, is now the most ... 44 percent still use virtual bank transfer. In comparison, around 51 ... , 11.9 percent, regularly use bank transfers. Around 69 percent of ...

Total War on Coronavirus

... , SOEs, individuals and the central bank as lender of last resort ... a makeshift Covid-19 hospital. Lippo Group CEO James Riady, right ... Siloam Hospitals, the facility occupies Lippo Plaza Mall in Mampang, South ...

Lippo Karawaci Raises $325m From Successful Bond Issuance

... illustrating investors' confidence in Lippo Karawaci, its strong franchise ... Bank acted as book-runners for Tuesday's bond issuance. Lippo ... health services. Currently, Lippo Karawaci is actively involved ... 's listed subsidiaries Lippo Cikarang and Gowa Makassar ...

Lippo Group Takes On New Partners to Develop Ovo

... came after reports quoting Lippo founder Mochtar Riyadi appeared ... What happened was that Lippo had opened up opportunities to ... and development, Adrian said. Lippo Group's commitment to bring ... Lippo would continue to support efforts by the government, Bank ...

OVO Celebrates 2 Years at the Top

Lippo Group's online payment service ... group head Triyono Gani and Bank Indonesia's deputy director of ...

Bitcoin Set to Gain Ground in Indonesia

... investment choices here are gold, bank deposits, or property. A recent ... investors in Indonesia is the Lippo Group, through Ventura. They have ...

China's WeChat and Alipay Seek Way to Legally Operate in Indonesia

... last year without licenses. Bank Indonesia told the Chinese companies ... Hendarta, the head of Bank Indonesia's payment system policy ... in cross-border transactions. Bank Central Asia, Indonesia's ... which is backed by the Lippo Group; Gojek Indonesia's Go ...

Bank Indonesia Launches QR Code Standard

... can encourage economic growth," Bank Indonesia said in a statement ... Association (ASPI). The central bank adopted the EMVCo 1 standard ... with the likes of the Lippo Group's OVO and Gojek ... 3.4 billion. Global investment bank Morgan Stanley projected that the ...

OVO Dominates Digital Payment Market in Indonesia: Study

... . OVO, backed by diversified conglomerate Lippo Group, is now the leading ... separate study from global investment bank Morgan Stanley, would process around ... banks, such as Bank Central Asia's Flazz, Bank Rakyat Indonesia's ...