Indonesian ride-hailing giant Go-Jek has announced a strategic collaboration between its digital payment system, Go-Pay, and state-owned bank BNI to provide the startup’s network of micro, small and medium enterprises (MSME) partners with access to the lenders’ micro-credit program.
The collaboration will look to particularly target MSMEs in the culinary industry that are registered partners of Go-Jek in its Go-Food service and offer them the government’s micro-credit financing (KUR) to help them grow their business.