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

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In Fintech Race, Go-Jek App Extends Consumer Credit to Offline Stores By Shotaro Tani 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.

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-first (sometimes mobile-only) experience where their entire suite of offerings live within one app on your phone.

Go-Jek, Indonesia’s answer to Uber, has acquired three fintech startups as it bids to establish itself as a major digital payments player. The firm has acquired offline payments processing outfit Kartuku, online payments gateway Midtrans, and lending network Mapan for undisclosed amounts.

JAKARTA — Garuda Indonesia has entered into a code-share agreement with local airline Sriwijaya Air, as the loss-making flagship carrier struggles to return to profitability while facing the threat.

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In fintech race, Go-Jek app extends consumer credit to offline stores By Shotaro Tani asia.nikkei.com – JAKARTA — 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.

By entering the high-end market, the company hopes to meet ever more diverse consumer demands, including in various types of packaging. Indonesia is a country of some 250 million people that is.

Fannie Mae Announces NPL Sale Winners Baby boomers’ retirement: The country’s biggest and most predictable train wreck? The Four Horsemen of the Retirement Apocalypse | Financial Sense – The reason is growth in Federal revenues will be outpaced by spending, particularly for Social Security, Medicare and interest payments on government debt. Whether you refer to it as an approaching fiscal crisis or retirement crisis, the Baby Boomer retirement wave is the country’s biggest and most predictable train wreck.Fannie Mae (OTC Bulletin board: fnma) today announced the winning bidders for its thirteenth non-performing loan sale. The sale includes approximately 9,800 loans totaling .64 billion in unpaid principal balance (UPB), divided among four pools. The winning bidder for the transaction is MTGLQ Investors, L.P. (Goldman Sachs).Krzysztof Grzesik, TEGoVA, The European Group of Valuers’ Associations Krzysztof Grzesik, REV is the Managing Director of Polish Properties, a specialist real estate valuation firm in Warsaw, Poland that employs a team of 15 qualified valuers, real estate market analysts and trainees.