Gojek-backed Bank Jago aims to leverage tech giant's data

Ride hailing and payments company Gojek, which owns a 22% stake in the bank via its fintech arm Gopay, is in the process of merging with e-commerce company Tokopedia to form GoTo in Indonesia's biggest ever deal.

JAKARTA: Indonesia's Bank Jago aims to crunch transaction data supplied by local technology giants to create customer profiles and market financial products, as the digital lender targets profitability this year, its chief executive told Reuters.

Ride hailing and payments company Gojek, which owns a 22% stake in the bank via its fintech arm Gopay, is in the process of merging with e-commerce company Tokopedia to form GoTo in Indonesia's biggest ever deal.