OVO wants to be Indonesia’s largest non-banking financial institution

OVO CEO Jason Thompson

Indonesia’s OVO is not content playing in the payments space; its goal is to become the largest non-banking financial institution in the country, its CEO Jason Thompson said.

“Because ultimately the middle economy merchant growth is what stimulates our GDP growth. So it’s really important to focus on that and have a rounded set of services for the merchant, the driver, the online merchant, the consumer. We are very much looking at this audience by audience,” Thompson said.

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