Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Malaysian fintech firm Ascertain eyes regional expansion

Ascertain Group of Companies, a Malaysia-based fintech and payments infrastructure provider, said it planned to expand into Indonesia, Oman, and India.

The regional expansion will be executed through strategic partnerships with PT Praisindo Teknologi, Grand Group, and Ideassion Group.

The company said it would use a partner-led model rather than direct market entry.

These solutions are designed to support traditional banks, digital banks, and payment institutions.

Ascertain, which said it was founded in 2008, added that it had supported more than 10 financial institutions and 500 businesses globally, and processed more than 1 billion payment transactions a year.

In Indonesia, the strategy could also fit rules that require Indonesian parties to hold at least 51% of voting shares in payment service providers. The country’s digital payment value is projected to rise to 156.4 trillion rupiah (US$8.76 billion) in 2026.

🔗 Source: Ascertain Group of Companies

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.