GOTO, Grab Fintech Lending Potential Amid Merger Uncertainty

BisnisIndonesia.id, JAKARTA — Two giant technology companies, PT GoTo Gojek Tokopedia Tbk. (GOTO) and Grab Holdings Ltd. (GRAB), are once again grappling with merger issues but both have strong potential to develop financial technology (fintech) services.

With competitive advantages, such as support from affiliated digital banks, which allow for lower funding costs, and a captive audience with high engagement, both GOTO and Grab are well-positioned to expand into fintech.