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New Deal


Announced

Visa to invest in GOJEK.

Synopsis

Visa, the world's leading digital payment technology company, has agreed to invest in GOJEK, the largest on-demand service provider and digital payment platform in Southeast Asia, as part of a series F funding round. Financial terms were not disclosed. The two companies will work together in advancing the non-cash payment system and providing seamless services for consumers throughout Indonesia and Southeast Asia. This funding round will encourage the acceleration of the growth of the GOJEK payment system at the Southeast Asian level. GOJEK's collaboration with Visa will include cooperation in creating innovative solutions for payment systems for digital-first consumers and also a population that is not yet bankable throughout Southeast Asia. "We are grateful for the support of investors in this funding round. We see this high enthusiasm as a form of investor confidence in our long-term vision to encourage technology-based growth in Southeast Asia to the next phase. Visa investment for GOJEK shows their trust in the business model, the sincerity and ability of GOJEK in advancing the lives of many people through various services and digital payments in our ecosystem." Andre Soelistyo, GOJEK President.

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