GoTo, TikTok to launch ‘buy now, pay later’ service in Indonesia
Add BT as a preferred source
Claudia Chong
INDONESIAN tech company GoTo is gearing up to launch a “buy now, pay later” (BNPL) product with TikTok, months after it struck a high-profile e-commerce deal with the wildly popular social media platform.
GoTo is doubling down on financial services to drive topline growth as it seeks to convince investors of its long-term earnings potential.
The group’s fintech unit recently snagged David Chen, the co-founder and former chief executive of BNPL platform Atome. Chen now heads GoTo’s consumer lending and BNPL business.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
