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Go-Jek adds Visa as one of its investors

Go-Jek adds Visa as one of its investors

Kristin Mariano

- July 18, 2019

Indonesian start-up superstar Go-Jek has announced that global payment technology provider Visa is the latest investor to back its ongoing Series F funding round.

It did not disclose how much the American firm injected to the start-up. Visa will reportedly help Go-Jek improve its cashless payment options for its consumers across Indonesia and Southeast Asia. Visa will collaborate with Go-Jek e-wallet GOPAY.

Go-Jek President Andre Soelistyo said: “We’ve been humbled by investor support over the course of our current fundraising round as they have truly shown confidence in our long-term vision of powering the next phase of technology-enabled growth in Southeast Asia.”

“Visa’s investment in Go-Jek is an endorsement of our business model and reflects their belief in Go-Jek’s ability to improve the lives of people across the region through our services and payments ecosystem,” he added.

Last week, Go-Jek has announced that Siam Commercial Bank (SCB), which is Thailand’s largest lender by assets, invested in the ongoing Series F funding round. The deal will also see both players collaborating on the payments front for Go-Jek Thai affiliate, GET.

Launched in 2011, Go-Jek has evolved from ride-sharing to allowing its customers to make online payments and order everything from food to groceries and massage services. The start-up reportedly raised USD 1.6 billion prior the current funding round. The Indonesian company gathers fund to accelerate its expansion across Southeast Asia.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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Go-Jek adds Visa as one of its investors

Kristin Mariano

- July 18, 2019

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats