Indonesia’s state-controlled lender BRI is planning to invest Rp 300 billion ($20 million) in Fintek Karya Nusantara (Finarya), which operates mobile payment platform LinkAja, a BRI executive said on Wednesday.
LinkAja is an integrated e-wallet service, which manages the existing payment app of the country’s largest telco firm Telkomsel, and three other state-controlled lenders, Bank Mandiri, BNI, and BRI.
