big data

Indonesian fintech startup Ovo expects to breakeven in 2-3 yrs

The Lippo and Grab-backed startup, last valued at about $2.9 billion, is riding Indonesia’s cashless payments wave to bring merchants and financial institutions timely consumer insights. Ovo’s CEO Jason Thompson sees a fresh fundraising drive next year to support growth.
September 09, 2019

Internet giants battle to lure banks into cloud

On offer is vast computing power needed to keep up with the fintech revolution. The downside is greater risk of a cyberattack and the headache of complying with a plethora of data sovereignty laws.
February 07, 2018