Indonesia’s tech scene saw a major move today as Hong Kong-based OSL Group completed its acquisition of the Indonesian crypto platform Koinsayang. The deal, finalized through the issuance of about 9.266 million shares, gives OSL full licenses for crypto and derivatives trading in the country. This expansion taps into Indonesia’s booming digital asset market, which […]
This Week's Briefings
Indonesian Crypto Exchange CFX Reports $6.9M Revenue, Leading Southeast Asia Tech Growth
### Daily Briefing: Latest Developments in Indonesian Technology Companies and Startups in Southeast Asia #### 1. Main Headline/Development Indonesia’s CFX Crypto Exchange Reports $6.9 Million Revenue in First Half of 2025. #### 2. Key Facts and Context On September 6, 2025, Tech in Asia reported that Indonesia’s new Nasdaq-style crypto exchange, CFX, generated $6.9 million […]
Indonesia’s Merah Putih Cooperatives Boosted by Village Assets, Asia Leads AI Surge, Klarna Eyes $14B IPO, Amartha Secures Digital Wallet License
In a recent development in the financial and technological world, village assets are set to be utilized for boosting the operations of the Merah Putih Cooperatives in Indonesia, as reported by ANTARA News. The Ministry of Cooperatives is currently inventorying the unused village assets in a bid to stimulate local economies and foster more cooperative […]
FinVolution Group Launches AI Initiative BRAVOSHOPS to Support Small Businesses in Asia
In a bid to empower small businesses in Asia, FinVolution Group has launched a new initiative, BRAVOSHOPS, in collaboration with AI Legalese Decoder. The initiative aims at providing support to micro and small enterprises (MSEs) in China and Southeast Asia, incorporating artificial intelligence into the mix to enhance efficiency and reach. As reported on Legalese […]