As ride-hailing firm Gojek and online marketplace Tokopedia join forces to create Indonesia’s largest tech ecosystem under the freshly-minted GoTo Group, Bank Jago is poised to emerge as one of the biggest benefactors of the merger.
Prior to the merger announcement earlier this week, the bank — 21.4% owned by GoTo via its fintech subsidiary GoTo Financial (PT Dompet Karya Anak Bangsa) — already announced a plan to integrate its digital banking services into the Gojek app.