Barclays and Santander lead £26m investment into UK-based lender MarketInvoice Source: Financial Times
While Indonesia benefits financially from the millions of migrant workers who leave their home country to work overseas to send money home, there are also huge opportunities for people wanting to move money within the country’s borders.
Migration occurs internally as well as internationally and in the world’s 15th biggest and fourth most populous country the ability to move money from one place to another is a necessity. Whether it’s a family member moving to a big city to work and send funds home, or a student needing support in their place of education, the requirement for domestic remittance mirrors that of international.
Our solution enables people to send money easily within the Indonesia and we work closely with co-operatives to extend those services to people without bank accounts.