Indonesia’s Go-Jek Acquires a Major Stake in Ripple’s Partner, Coins.Ph

Coins.ph, the Filipino blockchain start up and Ripple partner has sold a substantial stake of shares to Indonesian behemoth, Go-Jek. In the deal said to be worth $72 million, Go-Jek will have a new-found collaboration with Coins.ph allowing the company to foster dispensation of financial services to the under-served in Philippines. Specifically, Coins.ph will now have to incorporate Go-Pay, a payment platform for Go-Jek customers, and using their deep knowledge of the Filipino market, Coins.ph will leverage this knowledge to boost digital financial transactions in the Philippines.

The CEO of Coins.ph, Rose Hone, said:

Original source
https://ethereumworldnews.com/indonesias-go-jek-acquires-a-major-stake-in-ripples-partner-coins-ph/

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