Indonesia already has all the natural ingredients: large consumer/SME base, budding entrepreneurial talent and the market demand.
It is the problem of the business model, no matter how hard you try.
They need a CFO, and a COO
Many requirements are familiar to those who applied for Singapore's licences
It is not, we believe.
P2P is legalised, but not in the form of P2P
It is a distribution play rather than a product play - and Grab has key advantages in distribution
The same centre of gravity
Strictest rules to date