KUALA LUMPUR: Boost Holdings Sdn Bhd, Axiata digital’s fintech holding arm, is pushing on in the race for regional digital financial services offerings with a 68.75% equity acquisition in an Indonesian licensed entity, PT Creative Mobile Adventure.
PT Creative 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). OJK is the financial Services Authority of Indonesia.
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