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FINANCIAL TECHNOLOGY | Staff Reporter, Indonesia

Standard Chartered, Bukalapak join forces in Indonesia

They plan to launch products focused on digital banking and financial inclusion.

Standard Chartered and Indonesian tech firm Bukalapak have joined forces to boost financial inclusion in the country, the two companies have announced.

The bank will offer an array of digital financial services through Bukalapak’s ecosystem.

“Our inaugural partnership with Bukalapak reaffirms Standard Chartered Bank’s commitment to grow our footprint locally. We are confident that our partnership with one of Indonesia’s first unicorns and leading e-commerce players will enable us to co-create a solution that drives financial inclusion in Indonesia,” Andrew Chia, the bank’s cluster CEO for Indonesia & ASEAN Markets said.

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