Indonesia Digest: Warung Pintar partners CICIL for BNPL; HIJUP launches $7m fund

Indonesia Digest: Warung Pintar partners CICIL for BNPL; HIJUP launches $7m fund

Indonesia’s mom-and-pop-store focussed Warung Pintar Group has entered into a strategic partnership with fintech firm CICIL to develop a BNPL product, while HIJUP, an e-commerce platform for traditional muslim clothing, has launched a $6.92 million growth fund.

Warung Pintar partners CICIL for BNPL

Indonesia’s Warung Pintar Group, a B2B ecommerce platform focussed on warungs, or mom-and-pop stores, has entered into a strategic partnership with the fintech firm CICIL to develop a buy-now-pay-later (BNPL) product called “Bon Pintar”.

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