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OVO (payment)
OVO, officially a product of PT Visionet Internasional, is a digital payment service based in Jakarta, Indonesia. It was established in 2017 with an e-money license from Bank Indonesia and in 2019 was Indonesia's top digital payment service. Owned by Grab and local investors, in 2019, OVO became Indonesia's first finance-tech business unicorn. History OVO was founded by Lippo Group and received permission to operate as a fintech company throughout Indonesia on 25 September 2017 with an e-money license for Bank Indonesia. OVO is a product of PT Visionet International, which is the digital financial services subsidiary of the Lippo Group. OVO debuted a digital wallet in September of 2017. In December 2017, it was announced that Tokyo Century Corporation had invested US$116 million for a 20% stake in the startup. OVO added new financial services in 2018 and Grab invested in the company. In March 2019, Indonesian e-commerce company Tokopedia invested in OVO. That month, OV ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lippo Group
Lippo Group is an Indonesian multinational conglomerate company. The company operates internationally providing property development and management services. It was founded by Mochtar Riady. Lippo has a collective presence across Asia and North America. Lippo Group is one of the largest real estate developers in Indonesia, and is known for various large-scale projects such as Lippo Village. Lippo Group's members Lippo Limited, Lippo Karawaci are listed companies. Company history The Lippo Group began with Lippo Bank, later using this as a platform for regional property development projects. In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students. Lippo Group controls in excess of $15 billion in assets with significant investments in retail, media, real estate, banking, natural re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Traveloka
Traveloka is an Indonesian technology company focused on travel and ticketing. Operating a services website of the same name and based out of Jakarta, Indonesia, Traveloka is active in six countries, and in 2022 remained the largest online travel app in Southeast Asia. Founded in 2012 as a travel search engine, it now also offers services such as attraction tickets, activities, transportation rentals, and restaurant vouchers. It also provides financial services such as credit and insurance. Classified as a unicorn company and regarded as functionally similar to Expedia, in 2022 it was valued approximately at US$3 billion. History Founding (2012-2013) Traveloka was established in February 2012 by three Indonesian software engineers: Ferry Unardi, Albert, and Derianto Kusuma. Unardi and Albert had met while studying computer science in the United States, while Unardi met Kusuma while both were interning at Microsoft. All three ultimately worked in Silicon Valley. Unardi, frequ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2017
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Share (finance), shares, Stock, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be Bank, banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are alway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesian Brands
Indonesian is anything of, from, or related to Indonesia, an archipelagic country in Southeast Asia. It may refer to: * Indonesians, citizens of Indonesia ** Native Indonesians, diverse groups of local inhabitants of the archipelago ** Indonesian women, overview of women's history and contemporary situations * Indonesian language (Indonesian: ''Bahasa Indonesia''), the official language of Indonesia ** Indonesian languages, overview of some of the 700 languages spoken in Indonesia ** Indonesian names, customs reflecting the multicultural and polyglot nature of Indonesia * Indonesian culture, a complex of indigenous customs and foreign influences ** Indonesian art, various artistic expressions and artworks in the archipelago ** Indonesian cinema, a struggling and developing industry ** Indonesian literature, literature from Indonesia and Southeast Asia with shared language roots ** Indonesian music, hundreds of forms of traditional and contemporary music ** Indonesian philos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Jakarta
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Indonesian Inventions And Discoveries
This list of Indonesian inventions and discoveries details the indigenous arts and techniques, cultural inventions, scientific discoveries and contributions of the people of Indonesian archipelago — both ancient and modern state of Indonesia. As a developing nation, currently Indonesia suffers a shortage of scientific personnel and engineers. The lack of research and development, also hampers Indonesia's comparative competitiveness. Nevertheless, despite the shortcomings, its people and government continues their efforts to advance the nation's science and technology sectors. Among other things, by promoting innovation and technology through Indonesia Science Day. Since ancient times, native Indonesians has accumulated knowledge and developed technology stemmed from necessities; from naval navigation knowledge, traditional shipbuilding technology, textile techniques, food processing to vernacular house building. Notable examples include jong, pinisi, perahu, Borobudur ship a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Unicorn Startup Companies
This is a list of unicorn startup companies. In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more, across technology centers throughout the world. Notable lists of unicorn companies are maintained by ''The Wall Street Journal'', ''Fortune Magazine'', CNNMoney/ CB Insights, TechCrunch, PitchBook/Morningstar, and Tech in Asia. History List Unicorns are concentrated in developed and some developing global regions, including a few dozen countries. As per CB Insights, as on October 7, 2022 the number of unicorn startups in some of the developed and developing countries were as follows: US (644), China (302), India (108), UK (46), Germany (29), France (24), Israel (22), Canada (19), Brazil (16), South Korea (16), Singapore (13), Indonesia (11), Australia (8), Mexico (8), Sweden (8), Hong Kong (7), Netherlands (7), Ireland (6), Japan (6), Switzerland (6), Norway (5), Spain (4), Belgium (3), Turkey (3), UAE (3), Austria (2) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prudential Plc
Prudential plc is a British Multinational corporation, multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people. Prudential has dual primary listings on the London Stock Exchange and Hong Kong Stock Exchange, and is a constituent of the FTSE 100 Index. It also has secondary listings on the New York Stock Exchange and Singapore Exchange. History Early history The company was founded in Hatton Garden in London in May 1848 as The Prudential, Investment, Loan, and Assurance Association and in September 1848 changed its name to The Prudential Mutual Assurance, Investment, and Loan Association, to provide loans to professional and working people. In 1854, the company began selling the relatively new concept of Industrial Branch insurance policies to the working class population for premiums as low as one penny a week through agents acting as door to door salesman, door to door salesmen. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Rakyat Indonesia
PT Bank Rakyat Indonesia (Persero) Tbk ( 'Indonesian People's Bank', commonly known as BRI) is one of the largest banks in Indonesia. It specialises in small scale and microfinance style borrowing from and lending to its approximately 30 million retail clients through its over 4,000 branches, units and rural service posts. It also has a comparatively small, but growing, corporate business. As of 2010, it is the second largest bank in Indonesia by asset. BRI is the oldest bank in Indonesia, tracing back since 1895. It is currently 53% government owned operating company (Persero) and has been government-owned for the entire period since the war of independence (1945 to 1949) to November 2003, when 30% of its shares were sold through an IPO. History BRI was founded in 1895, during the Dutch colonial period as ''De Poerwokertosche Hulp en Spaarbank der Inlandsche Hoofden'' (Help and Savings Bank for Purwokerto's Aristocrats) by Raden Bei Aria Wirjaatmadja in Purwokerto, Centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi UFJ Financial Group
is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alongside Mitsubishi Corporation and Mitsubishi Heavy Industries. It is Japan's largest financial group and the world's second largest bank holding company holding around US$1.8 trillion (JP¥148 trillion) in deposits as of March 2011. The letters ''MUFG'' come from ''Mitsubishi'' and '' United Financial of Japan''. Background The company was formed on October 1, 2005, with the merger of Tokyo-based Mitsubishi Tokyo Financial Group (MTFG), and Osaka-based UFJ Holdings. The core banking units of the group, Bank of Tokyo-Mitsubishi and UFJ Bank, were merged on January 1, 2006, to form MUFG Bank. This integration was originally scheduled to take place on October 1, 2005, the same day that the parent companies were merged. However, pressure from Japan's Financial Ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
