ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Startups

Gojek to provide digital banking via Indonesian lender

Superapp buys 22% stake in Bank Jago as Grab and Sea gain Singapore licenses

Gojek invested in a local bank with the aim of providing digital banking services on its platform. (Photo by Ken Kobayashi) 

JAKARTA -- Indonesia's unicorn Gojek said on Friday it had invested in a local bank with the aim of providing digital banking services on its platform.

The move looks set to spark another battle between its Singapore-based rivals Grab and Sea, who both have digital banking ambitions of their own, having acquired full licenses in the city state recently.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more