Indonesia – GoTyme, the digital bank under Tyme Group, has announced its expansion into Indonesia, aiming to empower small businesses with flexible financing solutions and drive growth in the country’s SME ecosystem.
In a LinkedIn post, GoTyme has revealed it has teamed up with Indonesia-based lending infrastructure provider Finfra and its subsidiary danabijak, a peer-to-peer lending platform licensed and regulated by the OJK. This strategic partnership aims to deliver fast, flexible financing solutions tailored to the dynamic cash flow needs of small businesses.
GoTyme Indonesia also teased the upcoming launch of a new product set for release in Q1 of 2025.
“At GoTyme Indonesia, we are passionate about supporting Indonesian small businesses to thrive and grow. We can’t wait to create a community of innovation, collaboration, and excellence in Indonesia,” the brand said on LinkedIn.
GoTyme’s expansion into Indonesia was announced just before its parent company, Tyme Group, revealed it had achieved unicorn status, following the addition of digital financial service platform Nubank to its shareholder base. With a total of US$250m in funding, Tyme Group now boasts a valuation of US$1.5b and is poised to further expand its presence across Southeast Asia.
