Indonesia's OVO, Ant Financial-backed DANA could finalise merger in Q1 2020

Indonesia's OVO, Ant Financial-backed DANA could finalise merger in Q1 2020

A merger between Grab-backed Indonesian payment firm OVO and local rival PT Espay Debit Indonesia, better known as DANA, could materialise as soon as the first quarter of 2020, according to multiple sources aware of the discussions.

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