Southeast Asia’s No. 1 Travel App Is Getting Into Fintech
- Traveloka issues a credit card with an Indonesian bank
- The move propels the startup’s drive into financial services
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Traveloka, Southeast Asia’s largest online travel startup, is getting into financial services.
The startup backed by Expedia Group Inc. and JD.com Inc. will issue a credit card with Indonesia’s PT Bank Rakyat Indonesia Persero Tbk linked to its booking services. The travel app is targeting many users across the Indonesian archipelago who have little or no access to traditional banking or reliable internet.