United States-based, Weyland Tech Inc. (WEYL) has get an approval from central bank (Bank Indonesia/BI) for its co-branded online electronic money (eMoney) license.
The global provider of mobile business applications has formed a strategic partnership with Indonesian telecom services and bill payment provider, PT Finnet Indonesia. Both parties has signed the partnerships in August 2018.
Finnet founded in 2005, is 60% owned by telecommunication provider PT Telkom Indonesia Tbk (TLKM), the largest provider of telecom services in the country. Currently, the provider is the largest fixed-line provider with over 10 million households and businesses as their clients.
