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Indonesia’s largest tech firm GoTo to raise $1.1B in IPO

Indonesia’s largest tech firm GoTo Group said it will raise $1.1 billion in its initial public offering (IPO), which would make this the third largest IPO in Asia and fifth largest in the world this year. The public offering period will be held from April 1, 2022 to April 7, 2022 and the listing of the shares on the main board of the IDX is scheduled for April 11, 2022, with the stock code GOTO.

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Ant-backed Malaysian e-wallet Touch ‘n Go launches digital personal loan facility

April 7, 2022

Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma’s Ant Group Co, announced the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in investments and insurance.

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