Axiata Digital’s Boost Holdings expands into Indonesia


KUALA LUMPUR: Axiata Digital Bhd’s fintech holding arm Boost Holdings Sdn Bhd is expanding its operations into Indonesia with the purchase of a 68% stake of the country’s PT Creative Mobile Adventure.

It said on Monday PT Creative Mobile Adventure operates a telco supply chain model financing business under the brand KIMO with the limited number of peer-to-peer full digital financing licenses issued by OJK (Otoritas Jasa Keuangan, Indonesia)

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